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One of the disadvantages inherent in contractual arbitration is which of the following? Resolution of the cases is usually faster than in the court system.

One of the disadvantages inherent in contractual arbitration is which of the following?
Resolution of the cases is usually faster than in the court system.
The arbitrator's award is usually final even if the arbitrator made a legal mistake.
The proceedings are less formal.
You may choose your arbitrator in many cases.
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