Question: Identify a true statement about arbitration. a . An arbitrator can assume authority to decide disputes that involve the same parties but which are not
Identify a true statement about arbitration.
a An arbitrator can assume authority to decide disputes that involve the same parties but which are not covered under the terms of the arbitration clause.
b If the parties provide, within their arbitration agreements, a clause that the decision of the arbitrator will be final, they cannot contest the arbitrator's decision under any circumstances.
c When a contract subject to the Federal Arbitration Act provides for the arbitration of disputes, the parties are bound to arbitrate in accordance with the federal statute.
d The Federal Arbitration Act provides that an arbitration clause in a contract relating to an interstate transaction is valid and enforceable but. not irrevocable.
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