In institutional arbitration, who appoints the arbitrators?  A. Parties involved in the dispute  B. Institutions administering the arbitration  C. courts of law  D. Independent third-party organizations

Appointment of arbitrators.—(1) A person of any nationality may be an arbitrator, unlessotherwise agreed by the parties.(2) Subject to sub-section (6), the parties are free to agree on a procedure for appointing the arbitratoror arbitrators.(3) Failing any agreement referred to in sub-section (2), in an arbitration with three arbitrators, eachparty shall appoint one arbitrator, and the two appointed arbitrators shall appoint the third arbitrator whoshall act as the presiding arbitrator.

What are the characteristics of ad hoc arbitration?  A. Parties select arbitrators  B. Institution provides arbitrators  C. Formal rules govern proceedings  D. Proceedings follow strict legal procedures

Appointment of arbitrators

Arbitration involves a final and binding decision made by an arbitrator.Group of answer choicesfalsetrueNext

The Blank______  is a private, nonprofit organization for domestic disputes that disputing parties can use if their contract does not specify how to select an arbitrator.Multiple choice question.Judicial Arbitration and Mediation ServicesFederal Mediation and Conciliation ServicesEqual Employment Opportunity CommissionAmerican Arbitration Association