One:What is the difference between arbitration and litigation? What steps in the teleprocessing are missing in arbitration?

Two:IF the pares to arbitration instead went to court, discuss the steps that the pares would have to take in order to go to trial.

Three:±he story talked about repeat players—companies that end up in arbitration repeatedly over Tme. Because arbitrators are selected by a negotiation between the two pares in arbitration, this story indicates they are more likely to ²nd For these repeat players. Discuss theethics oF this con³ict oF interest and what might be done to overcome the problem.