Arbitration: Steps & Procedures


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question 1 of 3

_____ is an alternative form of dispute resolution involving a neutral third-party and rendering a legally binding decision.

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1. How is arbitration initiated?

2. Bill wins an arbitration award against Ted, but Ted refuses to pay Bill the amount of the award. What is Bill's best approach for enforcing the arbitrator's decision?

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About This Quiz & Worksheet

These assessment questions are on the various elements of the arbitration process. See if you can correctly answer questions about the steps of arbitration, the rules of engagement, and how this differs from a court hearing.

Quiz & Worksheet Goals

The quiz will ask questions that test your understanding of:

  • Process overseen by a neutral third-party who resolves disputes and make a legally binding decision
  • Step that starts arbitration
  • Follow-up step if the loser of arbitration refuses to comply with the arbitration decision
  • Actions an arbitrator can take
  • Similarities and differences between arbitration hearings and court hearings

Skills Practiced

  • Interpreting information - verify that you can review information regarding arbitration hearings vs court hearings and interpret it correctly
  • Information recall - access the knowledge you've gained regarding the things an arbitrator is allowed to do
  • Knowledge application - use your knowledge to identify the step that initiates an arbitration hearing

Additional Learning

Get to know more by reviewing the lesson titled Arbitration: Steps & Procedures. Take a look at:

  • The role of the American Arbitration Association
  • Purpose of an 'Answer'
  • How an arbitrator is selected
  • What occurs at a preliminary hearing