15:30
fucking seriously dude we're readinf 1l of a ride
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
arbiter
Read a random definition: resale-price maintenance
A quick definition of arbiter:
An arbiter is a person who has the power to make decisions when people disagree. They use rules and fairness to make their decisions. They are different from arbitrators because arbitrators can make decisions based on their own opinions, while arbiters have to follow the rules. Arbiters can work on disputes outside of arbitration, and they are chosen by the parties or the court. They have to be fair and not take sides. Sometimes, their decision is final and cannot be changed, but other times, people can still go to court if they don't agree with the decision.
A more thorough explanation:
An arbiter is a person who has the legal power to make decisions in disputes. They make their decisions based on the rules of law and fairness. An arbiter is different from an arbitrator because an arbitrator can use their own judgment to make decisions, while an arbiter must follow the law. Arbitrators can only decide disputes that arise in arbitration, while an arbiter can decide disputes outside of arbitration.
- When two companies have a disagreement about a contract, they may hire an arbiter to make a decision.
- In a divorce case, the couple may choose to have an arbiter decide on issues like child custody and property division.
These examples illustrate how an arbiter can be used in different types of disputes, from business contracts to personal matters like divorce. The arbiter is chosen by the parties involved and must remain impartial throughout the process. The decision made by the arbiter may be final and binding, meaning it cannot be appealed except on very narrow grounds.