Arbitration

Arbitration is a method of conflict resolution which, with more or less formalized mechanisms, occurs in many political and legal spheres. There are two main 1 to arbitration. The first is that it is a voluntary process under which two parties in conflict agree between themselves to be 2 by the judgment of a third party which has no other authority over them; the judgment, 3, is not legally binding. The second is that there is usually no clear body of 4 or set of rules that must apply; the arbitrator is free, 5 to any prior agreement with the conflicting parties, to decide on whatever basis of justice is deemed 6.