पारंपरिक मुकदमों (litigation) की तुलना में वाणिज्यिक मध्यस्थता (arbitration) का मुख्य नुकसान निम्नलिखित में से किसे माना जाता है?

Consider the following features of dispute resolution: 1. Privacy and confidentiality2. Speed and procedural flexibility3. Automatic right to appeal the decision in higher courts4. Subjective nature of decisions Which of the above explain the perceived merits of arbitration over court-based adjudication?

Which of the following refers to an arbitral institution that parties can use to resolve their dispute?