In interest arbitration, who sets the terms of the contract?

Question

BlackTom AI · Accepted Answer

The question asks about who sets the terms of the contract in interest arbitration.

Because the answer options are not provided here, I will focus on the core concept and what is typically true in interest arbitration.

In interest arbitration, the arbitrator is responsible for determining the terms that will become the contract between the parties. This process involves the arbitrator reviewing the positions of the parties, considering applicable laws, and then issuing an award that specifies the terms of the contract. The arbitrator’s award is binding on both sides, and it effectively sets the terms that the parties must follow.

If the question had included a contrast with other forms of arbitration, such as binding arbitration at the individual level, or voluntary agreement between the parties, those would contrast with interest arbitration, where the arbitrator has the pivotal role of shaping the contract terms rather than the parties unilaterally deciding them.

In the absence of answer options, the key takeaway is that the arbitrator, not the participating parties, determines the contract terms in interest arbitration, through the award they issue after hearing the dispute.

37:575:312:E6 & 38:578:515:E6 CONFLCT IN WRK PLACE Assignment (UG): Dispute Resolution Procedures Reading Assignment and Quiz

In interest arbitration, who sets the terms of the contract?

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