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Resolution of Commercial Disputes download (1) - Coggle Diagram

- - - - Parties agree on arbitrtion - Final and abiding decision
      - Private - No records available or publicity on the matter
      - Permits resolution by a third or neutral party (Independent)
      - Choice on arbitrator in a field or jurastic
      - Cost effective and fast
      - Right to appeal is limited
      - Discovery is limited
      - Limit rights to approach court
      - No precendential value