Which method of dispute settlement involves a binding decision by an impartial tribunal chosen by the parties or under an applicable treaty?
Correct answer: A. Arbitration
- A. Arbitration
- B. Mediation
- C. Negotiation
- D. Good offices
Explanation
Arbitration refers to the submission of a dispute to one or more arbitrators whose decision is normally binding under the parties' agreement. Negotiation and good offices generally assist communication but do not themselves impose a binding judgment.
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About International Law
International law regulates relations among states and other recognised international actors through treaties, customary practice and general legal principles. Coverage includes statehood and recognition, jurisdiction, diplomatic relations, state responsibility, territory, use of force, peaceful dispute settlement and the role of the United Nations, while distinguishing public international law from private international law.
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