Avcorp Industries, Inc. T.AVP

binding arbration

[mhillman]

Defenition,

As an alternative to judges or courts settling disputes between consumers and businesses, bindingarbitration works out a deal through an independent, third-party body. Bindingarbitration may save time, money, and energy when two parties disagree over a contract, the performance of a service, or the exchange of goods. The arbitrator's decision is final and cannot be disputed or appealed.