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The young man knows the rules, but the old man knows the exceptions.
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Legal Definitions - arbitrament and award
The difference between ordinary and extraordinary is practice.
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Definition of arbitrament and award
Definition:Arbitrament and award is a plea that a matter has already been decided in arbitration.
Example: In a legal case, one party may argue that the matter at hand has already been resolved through arbitration and therefore cannot be brought to court again.
Explanation: Arbitration is a process where a neutral third party, called an arbitrator, hears both sides of a dispute and makes a decision. If a matter has already been decided through arbitration, it cannot be brought to court again. The plea of arbitrament and award is used to prevent a case from being heard in court if it has already been resolved through arbitration.
A judge is a law student who marks his own examination papers.
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Simple Definition
Arbitrament and Award: This is when people agree to have someone else decide a disagreement between them. This person is called an arbitrator. After hearing both sides, the arbitrator makes a decision called an award. If someone tries to bring up the same disagreement again, they can be told that it has already been decided in arbitration.
The difference between ordinary and extraordinary is practice.
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