Question: QUESTION 1 3 Unlike mandatory arlfitration, voluntary arbitration is based on parties' agreement after dispute arises or on contract clause before dispute arises time consuming
QUESTION
Unlike mandatory arlfitration, voluntary arbitration is based on parties' agreement after dispute arises or on contract clause before dispute arises
time consuming and expensive when compared to litigation
coercive because it provides an unfair advantage to the party creating the contract
unconstitutional in most states
impractical because agreements are too difficult to reach in early contract negotiations
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