n NISM Certifications
NSM General NISM
Medium

What are the benefits of arbitration in insurance disputes?

Practice question from IC 38 Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It is more expensive than litigation

  2. B

    It involves long delays

  3. It is a private and less costly process

    Correct answer

  4. D

    It is a formal process like litigation

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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