ADR Arbitration Procedures & Ethics

Question 1

What is the primary purpose of arbitration in dispute resolution?

Accepted Answer

To offer a binding decision by a neutral third party

Answer

To delay the resolution of disputes.

Answer

To provide a non-binding suggestion.

Answer

To increase court caseloads.

Question 2

Which ethical principle requires arbitrators to remain impartial?

Accepted Answer

Impartiality

Answer

Confidentiality.

Answer

Competence.

Answer

Expediency.

Question 3

What is typically required to initiate arbitration?

Accepted Answer

An arbitration agreement

Answer

A lawsuit filed in court.

Answer

A police report.

Answer

A mediation session.

Question 4

How must arbitrators handle confidential information?

Accepted Answer

They must keep it confidential

Answer

They can disclose it freely.

Answer

They should sell it to the highest bidder.

Answer

They are not required to protect it.

Question 5

What is the role of ethics in Alternative Dispute Resolution?

Accepted Answer

To promote fairness and integrity

Answer

To complicate the process.

Answer

To delay resolutions.

Answer

To bias the arbitrator.

Question 6

Which of the following is a common ground for challenging an arbitrator?

Accepted Answer

Conflict of interest

Answer

Arbitrator's nationality.

Answer

The arbitrator's favorite color.

Answer

The arbitrator's handwriting style.

Question 7

What is the importance of confidentiality in arbitration proceedings?

Accepted Answer

It protects privacy and encourages openness

Answer

It allows public scrutiny.

Answer

It delays the process.

Answer

It invalidates the award.

Question 8

Which ethical duty requires arbitrators to disclose any potential conflicts?

Accepted Answer

Duty of disclosure

Answer

Duty of confidentiality.

Answer

Duty of competence.

Answer

Duty of expediency.

Question 9

What is the typical effect of an arbitration award?

Accepted Answer

They are final and binding

Answer

They are advisory only.

Answer

They are always appealable.

Answer

They must be approved by a court first.