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Which are the two traits on which the award of an arbitrator rests on?
Compromise and liberty
Fair play and impartiality
Equity and Justice
All of the above
The essential features of arbitration; that it is for the settlement of a dispute, consensual based on the agreement of the parties, private and not part of the State system of justice and equity that leads to a final and binding decision that will be given execution by the courts. They will also learn that there are other dispute settlement procedures that generically are called ADR, Alternative Dispute Resolution.
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