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Subject Topic: Partnership -quick question (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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venchlu
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Posted: 17 Nov 2009 at 15:44 | IP Logged  

Hi ,

I am new to BEC forum. Just started to read ch1 of becker.

I have come across some terminalogy which I don't know...would be nice and helpful  if someone can explain to me. Thanks in advance!

What does it mean " submit a claim to arbitration"?  I have no clue.

 

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bryris
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Posted: 17 Nov 2009 at 17:12 | IP Logged  

Its sort of like a preliminary step to going to court. An arbitrator will review the case with the parties present and try to determine and negotiate an accord.

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venchlu
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Posted: 18 Nov 2009 at 13:37 | IP Logged  

Thanks! Bryris
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