Law · Arbitration and Conciliation
Which of the following is widely perceived as a primary disadvantage of commercial arbitration compared to traditional litigation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The availability of expert neutral third parties as arbitrators
- 2The flexibility and informality of the procedural rules
- 3The private and confidential nature of the proceedings
- 4Extremely limited rights of appeal against the arbitral award✓
Correct answer
Extremely limited rights of appeal against the arbitral award
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