ARBITRATION
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4 Terms
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Q: What is arbitration?
A: A third party hears evidence and arguments then makes a legally binding decision.
2
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Q: When is arbitration used?
A: For civil claims under $10,000 in Magistrates’ Court; often used in business contracts.
3
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Q: Is arbitration legally binding?
A: Yes, the decision is final and enforceable.
4
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Q: Can parties appeal an arbitration decision?
A: No, the decision is final with no appeal process.
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