Asked by Carla Marie on May 09, 2024

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After having signed a contract with a binding arbitration clause in it, an employer is legally bound to accept an arbitrator's decision on a particular issue even if they disagree with that decision.

Binding Arbitration Clause

A provision in a contract that requires disputes to be resolved by arbitration, with the decision being final and enforceable by law.

Arbitrator's Decision

A binding determination made by an arbitrator, an impartial third party chosen to resolve a dispute, within the context of arbitration proceedings.

Employer

An individual or organization that hires and pays people to work for them.

  • Comprehend the role and legal enforceability of arbitration in labor disputes.
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Wendy NeyraMay 13, 2024
Final Answer :
True
Explanation :
A binding arbitration clause means that both parties agree to settle any disputes through arbitration rather than going to court. If the clause is included in a contract, both parties are legally bound to accept the arbitrator's decision, even if they disagree with it.