Binding arbitration
Arbitration
An arbitrator is a third party who hears both sides of an argument and then makes an impartial decision. The decision announced by an arbitrator is often as binding as if it was announced by a judge.
When a third person listens to a problem and makes a decision, it is called mediation or arbitration. Mediation involves a neutral third party helping the parties reach a resolution themselves, while arbitration involves the third party making a decision that the parties agree to abide by.
Abriation :)
The final step of the grievance procedure is typically arbitration, where a neutral third party hears both sides of the issue and makes a decision that is usually binding. This step is often outlined in labor union contracts or employment agreements as the final resolution mechanism for workplace disputes.
The three key alternative dispute resolution (ADR) processes are mediation, arbitration, and negotiation. Mediation involves a neutral third party helping parties reach a voluntary agreement. Arbitration involves parties presenting their case to a neutral arbitrator who makes a decision that is binding. Negotiation is a direct discussion between parties to reach a mutually acceptable resolution without involving a third party.
In the Supreme Court, the written decision and legal reasoning for a case is called an Opinion.
It's called . . . a DECISION. The finding can be UPHELD or REVERSED.
An atom is neutral if the numbers of protons and electrons are equal it's neutral.
.... is called a VERDICT (verdicts are rendered by a jury); court decisions are typically called judgements.
Legal Precedent
A document is legally binding if it has been notarized by a licensed notary. It is also legally binding if it has been filed in court.
NSC International makes wire binding machines. Wire binding machines bind paper together into books, reports and manuals by using coil like wire loops.