what do you mean by arbitrator
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HEYA MATE,
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An independent person or body officially appointed to settle a dispute is called arbitrator.
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HERE IS UR ANSWER.
Thanks for asking this question.
An independent person or body officially appointed to settle a dispute is called arbitrator.
I HOPE IT HELPS U.
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arbitration
Settlement of a dispute (whether of fact, law, or procedure) between parties to a contract by a neutral third party (the arbitrator) without resorting to courtaction. Arbitration is usually voluntary but sometimes it is required by law. If both sides agree to be bound by the arbitrator's decision (the 'award') it becomes a binding arbitration. The exact procedure to be followed (if not included in the contract under dispute) is governed usually by a country's arbitration laws, or by the arbitration rules prescribed by
the International Chamber Of Commerce (ICC).
Settlement of a dispute (whether of fact, law, or procedure) between parties to a contract by a neutral third party (the arbitrator) without resorting to courtaction. Arbitration is usually voluntary but sometimes it is required by law. If both sides agree to be bound by the arbitrator's decision (the 'award') it becomes a binding arbitration. The exact procedure to be followed (if not included in the contract under dispute) is governed usually by a country's arbitration laws, or by the arbitration rules prescribed by
the International Chamber Of Commerce (ICC).
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