5. What is the major issue to be taken from the case Perini v. Sands Hotel described in the sidebar?

a. The case illustrates preemption—federal statutes take precedence over state statutes.

b. The findings of binding arbitration are final and if appropriate may include compensation to an owner for loss of use.

c. When appropriate, a decision by a lower court may be overturned at a higher court.

d. Binding arbitration is often unfair and overturned by the courts.