What is arbitration?
Arbitration submits eligible disputes to one or more arbitrators selected under an agreement.
Key concepts and application
An arbitration clause may be agreed in a contract or after a dispute arises. Rules, appointment, seat, language and cost depend on the agreement and law. Some disputes are not arbitrable.
Rights, procedure and limits
Enforcement and limited court review of an award follow distinct procedures. Validity requires particular scrutiny in consumer or employment agreements.
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