What is arbitration?

A binding decision by a neutral party.

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  1. A vote to raise prices
  2. A type of overtime pay
  3. A binding decision by a neutral party ✔

Why: When bargaining fails, disputes may go to binding arbitration decided by a neutral party.

Huh, didn't know that: When bargaining fails, disputes may go to binding arbitration decided by a neutral party.

The dad joke
Arbitration lets a neutral call the shots.
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References

Answer: A binding decision by a neutral party. When bargaining fails, disputes may go to binding arbitration decided by a neutral party.

  1. Trade union en.wikipedia.org/wiki/Trade_union
    or binding arbitration
    Checked 2026-11-07.

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