CAF-4 · Chapter 15 · Question 4 of 9
If Arslan and Faisal agree to resolve a civil dispute outside the court of law by appointing neutral decision-makers, this process is known as:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Arbitration
Explanation
Arbitration is a method (Alternate Dispute Resolution) through which parties resolve civil disputes outside the court of law by avoiding the technicalities of procedural law.
More Anti-money laundering and electronic payments MCQs
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