Arbitration is often considered a more efficient and cost-effective alternative to traditional legal litigation when buyer and seller are engaged in a trade dispute. Arbitration can be more flexible than traditional litigation and can be particularly useful in resolving trade disputes. Which of the following does NOT represent the merits of arbitration?

Both parties agree to accept the decision of the arbitrator as final, without the ability to appeal the decision.

Arbitration cannot be used for a trade dispute involving parties in different countries such as international sourcing program.

It is important to ensure that impartial arbitrators are chosen in the arbitration process. The impartiality of arbitrators is essential to ensuring that both parties receive a fair and unbiased decision.

The purpose of including an arbitration clause is to provide a simplified and efficient means of resolving disputes, and to avoid the time, expense, and uncertainty of traditional litigation.