Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Arbitration, Tribunal Adjudication and Alternate Dispute resolution

Question:
Arbitration is a term derived from the nomenclature of which of the following law?
Options:
British Law
Roman Law
American Law
Latin Law
Correct Answer:
Roman Law
Explanation:
Arbitration is a term derived from the nomenclature of Roman law. Arbitration is a private arrangement of taking disputes to a less adversarial, less formal and more flexible forum and abiding by judgment of a selected person instead of carrying it to the established courts of justice.