Question: (a) What is the difference between binding arbitration which is used in the NHL and final offer arbitration which is used in MLB? [4 Points]

(a) What is the difference between binding arbitration which is used

(a) What is the difference between binding arbitration which is used in the NHL and final offer arbitration which is used in MLB? [4 Points] a (b) Explain why having final offer arbitration is more likely to result in a settlement between the parties rather than going to an arbitration hearing? [4 Points]

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