To act as a judge and make binding decisions.

To facilitate negotiations between the parties.

To provide legal advice to the parties.

To draft the arbitration agreement.

Impartiality, integrity, and expertise in the subject matter of the dispute.

Strong communication and interpersonal skills.

Ability to manage complex proceedings and make fair and just decisions.

All of the above.

An arbitrator makes binding decisions, while a mediator facilitates negotiations.

An arbitrator is appointed by the parties, while a mediator is appointed by the court.

An arbitrator is typically a legal professional, while a mediator may not be.

All of the above.

Ad hoc arbitration and institutional arbitration.

Domestic arbitration and international arbitration.

Binding arbitration and non-binding arbitration.

All of the above.

To hear evidence and arguments from both sides and make a binding decision.

To facilitate negotiations between the parties.

To provide legal advice to the parties.

To draft the arbitration agreement.

Impartiality, fairness, and due process.

Transparency and accountability.

Confidentiality and privacy.

All of the above.

It is the final and binding decision of the arbitral tribunal.

It is a recommendation that the parties are free to accept or reject.

It is a legal document that outlines the terms of the settlement agreement.

None of the above.

Lack of jurisdiction, fraud, or corruption.

Serious irregularity in the proceedings.

Failure to give a reasoned award.

All of the above.

To enforce arbitral awards.

To review arbitral awards for errors of law.

To appoint arbitrators.

All of the above.

It is typically faster and less expensive than litigation.

It is more flexible and confidential than litigation.

It allows the parties to choose their own arbitrator.

All of the above.

It can be less transparent than litigation.

It can be difficult to enforce arbitral awards in some jurisdictions.

The parties may have less control over the process than in litigation.

All of the above.

They must be impartial and independent.

They must disclose any potential conflicts of interest.

They must act in good faith and in accordance with the law.

All of the above.

Damages.

Specific performance.

Injunctions.

All of the above.

To administer the arbitration proceedings.

To appoint arbitrators.

To provide support services to the parties.

All of the above.

The subject matter of the dispute.

The number of arbitrators.

The rules of procedure to be followed.

All of the above.