Arbitration’s History Prior to the Twentieth Century Self-Quiz

 

 

 

 

 

 

 

 

 

 

The most formal alternative dispute resolution process is:
Choice 1 Negotiation
Choice 2 Mediation
Choice 3 Arbitration

True or false: Since its earliest days, arbitration has always been binding on the parties involved, thereby distinguishing it from other forms of alternative dispute resolution.

Choice 1 TRUE, and the word “arbitration” has its roots in the Latin for “to judge.”
Choice 2 FALSE, and in early arbitration, parties could withdraw before the decision was handed down.

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