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What is the settlement technique in which a third party reviews the case and makes a decision that is legally binding for both sides?
Wiki User
∙ 10y ago
Abriation :)
Wiki User
∙ 10y ago
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Do arbitrators render legally binding decisions?
yes, If the parties involved agree that the decision made will be legally binding
What is a binding decision?
Bind or binding means to impose one or more legal duties on a person or institution. For example, the parties are bound by the terms of the contract; the courts are bound by precedents. The words to bind or binding are also used to signify that a thing is subject to an obligation, engagement or liability; to indenture; to legally obligate to serve. See below link:
What if your cousin tells you that his trucking company has resorted to arbitration with the truckers' union. what does this mean?
that a third party will impose a legally binding decision
Is a sealed bid legally binding?
Sealed or not, if the bid was offered and it was accepted, yes, it is legally binding.
Is mediation legally binding?
mediation can be binding if a representative is used if not then its not binding snzbeyueen
What makes a legal binding document?
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.
Are policies legally binding?
no they are not
what are Difference between a contract and an agreement?
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
Can a 12 year old make a legally binding contract?
Yes, a 12 year old can form a legally binding contract.
Is a legally-binding agreement between two or more parties.?
A contract is a legally binding agreement between two or more parties.
What is considered a legally binding document?
A legally binding document is one whose terms can be enforced by a court of law. An example is a marriage certificate and a contract.
Manager who executed a legally sound decision?
Managers who executed a legally sound decision
