The kind of arbitration in which parties are committed to accept the award of arbitrator, can be best classified as?

Related Mcqs:

1. The kind of arbitration in which parties are not committed to accept the award of arbitrator is classified as?

   A. binding arbitration
   B. non-binding arbitration
   C. interest arbitration
   D. rights arbitration

2. The kind of arbitration, which is also known as contract interpretation arbitration is?

   A. binding arbitration
   B. non-binding arbitration
   C. interest arbitration
   D. rights arbitration

3. The public recognition such as an award in organized function is the best classified as an example of?A. financial awards B. non-financial rewards C. proportional award D. fixed award

   A. financial awards
   B. non-financial rewards
   C. proportional award
   D. fixed award

4. In arbitration, dispute parties no longer accord with agreement, willing to change the existing agreement, known as?

   A. binding arbitration
   B. non-binding arbitration
   C. interest arbitration
   D. rights arbitration

5. The type of third party intervention in which an arbitrator dictates and determines the terms of contract settlement is classified as?

   A. mediation
   B. impasse
   C. fact finder
   D. arbitration

6. The kind of bargaining, in which both parties make every possible effort to negotiate and communicate for an agreement, called?

   A. good faith bargaining
   B. distributive bargaining
   C. descriptive bargaining
   D. collective bargaining

7. The types of third party negotiation, known as arbitration, includes?

   A. non-binding arbitration
   B. interest arbitration
   C. non-binding arbitration
   D. all of above

8. In order of court, compelling the parties either to desist a certain action or to resume a particular action’ classified as?

   A. grievance procedure
   B. lockout
   C. injunction
   D. strike procedure

9. The situation; when parties in negotiations are not able to settle negotiations further, classified as?

   A. impasse
   B. intervention
   C. arbitration
   D. mediation

10. The bargaining items that are neither mandatory nor illegal while negotiation parties do not compel each other for bargaining are classified as?

    A. voluntary bargaining items
    B. permissible bargaining items
    C. illegal bargaining items
    D. both a and b