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Sagot :
Final offer arbitration is often regarded as a public process only meant for disputes that are monetary in nature.
The true statements about final offer arbitration are:
- It reduces the chilling effect of conventional arbitration.
- It requires the arbitrator to select between the union's or the employer's final offer
Final offer arbitration as a public process when applied to individual is used when an individual and the other party want to a dispute are are unable to resolve the matter through mediation.
In final-offer arbitration, the two parties that are involved in the dispute often submit final offers to an arbitrator.
The arbitrator then chooses the binding solution that matches the one that is closest to his own view of the right outcome
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