Which of the Following Is True of Arbitration

Multiple Choice

Which of the following is true of arbitration?

A) Arbitration is more expensive and time-consuming than litigation.
B) Arbitrators' decisions are rarely binding on the parties.
C) Arbitrators must be licensed pursuant to the American Arbitration Association.
D) An arbitrator is always a neutral third party.
E) Arbitrators must be licensed and trained to assume the role.