The kind of arbitration, which is also known as contract interpretation arbitration is?
Correct answer: D. rights arbitrationPhysical Asset Management
- A. binding arbitration
- B. non-binding arbitration
- C. interest arbitration
- D. rights arbitrationPhysical Asset Management
Explanation
Rights arbitration, also called contract-interpretation arbitration, resolves disputes about the meaning or application of an existing agreement. Interest arbitration concerns establishing new contract terms rather than interpreting current ones.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
Practise Human Resource Management
858 free Human Resource Management MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Human Resource Management questions
The kind of bargaining, in which both parties make every possible effort to negotiate and communicate for an agreement, called?
In order of court, compelling the parties either to desist a certain action or to resume a particular action' classified as?
The neutral party who negotiates the issues in agreement dispute, makes a reasonable settlement by giving public recommendation is classified as?
The types of available union securities are?
Strike occurs when the labor does not agree on conditions of contract, classified as?
The voluntary withdrawal of labor of company is classified as?