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A person appointed by two parties to settle a dispute is known as ______.
  • a)
    Attorney
  • b)
    Arbitrator
  • c)
    Advocate
  • d)
    Solicitor
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A person appointed by two parties to settle a dispute is known as ____...
Arbitration is a legal technique for the resolution of disputes outside the courts, wherein the parties to a dispute refer it to one or more persons (the "arbitrators", or "arbitral tribunal"), by whose decision the "award" they agree to be bound. An arbitrator serves as the decision-maker and referee in an arbitration proceeding, much like a judge during a court case.
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A person appointed by two parties to settle a dispute is known as ______.a)Attorneyb)Arbitratorc)Advocated)SolicitorCorrect answer is option 'B'. Can you explain this answer?
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