question archive 34) Which of the following is not a correct statement? A) Under the principle of comity, a foreign business that deals with a U

34) Which of the following is not a correct statement? A) Under the principle of comity, a foreign business that deals with a U

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34) Which of the following is not a correct statement?

A) Under the principle of comity, a foreign business that deals with a U.S. business in the U.S. may be subject to U.S. law.

B) Alternative dispute resolution refers to methods for resolving a dispute outside the traditional court system.

C) An arbitrator can never render a legally binding decision since he or she is not a traditional judge.

D) Most online dispute resolution services automatically apply the laws of India since that country is well known as a "high-tech" academic and business center.

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C. An arbitrator can never render a legally binding decision since he or she is not a traditional judge

 

The arbitration process is the same as a trial in that the parties make opening statements and give evidence to the arbitrator. Compared to traditional trials, arbitration may normally be done more quickly and is less formal. For instance, normally the parties do not have to follow state or federal rules of evidence and, in some cases; the arbitrator is not needed to use the governing law.

 

 

Step-by-step explanation

The arbitration procedure may either binding or non-binding. When arbitration is binding, the decision is final, may be enforced by a court, and may only be appealed on very thin grounds. When arbitration is non-binding, the arbitrator's award is advisory and may be final only if accepted by the parties.

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