Question
Arbitration and Litigation
Answer :
Word Count : 182
| Basis of Comparison | Arbitration | Litigation |
|---|---|---|
| Meaning | A private, non-judicial method of resolving disputes where parties agree to be bound by the decision of an independent arbitrator. | A formal process of resolving disputes through the courts, under the supervision of a judge. |
| Decision Maker | Decision made by an arbitrator or a panel of arbitrators chosen by the parties. | Decision made by a judge (or jury, _________ __________ ____ _____ ________ ____ _____ ______ _______ ______ __________ _______. ______ __________ ___ ____ __________ ________ _______. ________ ______ _________ _________ _________. ________ ______ ___ ______ _______. ______ _______ _________ ____ ______ _______ ___ ___ __________ ____ ____ _________. _______ ________ ________ _________ ________ ______ __________ _________ _________ _________ ___. _______ ________ ____ _____ _______ ____ ___. ____ ___ ___ _____ _________ _____ ________ _______. ______ ____ ____ ___ _____. __________ _____ _________ __________ ________ ________ ______ ______ _____ _________ __________. _____ ____ __________ ____ ___ ____ __________ __________. _________ ________ _____ ___ ____ ______ _________ ________ ______ _______. __________ ________ ________ _______ _________. ____ __________ ____ ____ _____ __________ ___ ___ ___ _________. _________ ___ _________ ________ _________ ___ ______ _______ ____ _____. IGNOU ACADEMY Your IGNOU journey, made easier.
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