Classifications Of Arbitration.

Classifications Of Arbitration.

1. Commercial Arbitration is the most common of disputes. Just as it sounds, it is a dispute between two commercial enterprises.

2. Consumer Arbitration surrounds disputes between a consumer and a supplier of goods or services.

3. Labor Arbitration involves the settlement of employment related disputes. This form or arbitration can be divided into two main categories: Rights Arbitration and Interest Arbitration.