Which of the Following Statements Is True of Arbitration Procedures

Multiple Choice

Which of the following statements is true of arbitration procedures?

A) All types of arbitration procedures are voluntary and cannot be forced on the disputing parties.
B) Mandatory arbitration is a more effective alternative to litigation than a voluntary arbitration.
C) Generally, the award resulting from the voluntary arbitration procedure is final.
D) If an arbitrator made erroneous rulings during a hearing, the award can be set aside.
E) An arbitrator's award is binding on the parties only if there was no error of law on the part of the arbitrator.