n NISM Certifications
VII NISM Series VII
Medium

Arbitration awards can be ______.

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Speaking Award

  2. B

    Ex-parte Award

  3. Both 1 and 2

    Correct answer

  4. D

    None of the above

Why this is the answer

Speaking awards involve hearings with both parties; ex-parte awards are given when one party does not appear.

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