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Question 3 Chapter 4 from Global Variant Note

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Question 3 Chapter 4 from Global Variant Note

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by AvatarMikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 4, 2015 at 3:55 pm #231263
    Avatargabbi08
    Member
    • Topics: 135
    • Replies: 181
    • ☆☆☆

    There are a number of disadvantages claimed for the arbitration process. Which of the following is not one of those disadvantages?

    A. Inconsistency
    B. Unpredictability
    C. Privacy
    D. Informality

    My answer was D whereas in the note is stated C.

    Isn’t the informality an advantage of the arbitration process?

    Thanks

    Gabbi

    March 4, 2015 at 4:39 pm #231274
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    May be, but it’s also a disadvantage. The formality of court proceedings can be seen as an advantage – they give more weight and solemnity to the whole process

    Answer C – privacy is more often seen as an advantage rather than a disadvantage. There’s always a bit of stigma attached to having to appear in court and having all your dirty washing aid in public so privacy is quite desirable (particularly if you lose!)

    March 4, 2015 at 5:02 pm #231278
    Avatargabbi08
    Member
    • Topics: 135
    • Replies: 181
    • ☆☆☆

    Ok, thanks for that.

    Gabbi

    March 4, 2015 at 5:20 pm #231282
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    You’re welcome

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