ABC, Inc., a Texas corporation, is negotiating a contract with XYZ$,$ SA de CV$,$ a Mexican company for the purchase of automobile parts to be shipped to Texas. The parties want clarity and certainty if there is a dispute arising from the contract. Please identify one key aspect of arbitration that justifies adding an arbitration provision in the contract.

A public forum with formal rules that are expensive.

The decisions in the dispute will be made by a judge

Formal multi$-$stage proceedings

Informal single$-$stage proceeding with time limits and efficient delivery