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One of the major strengths of arbitration is the ability of parties to select their own arbitrators. Those who criticise the system of party appointed
One of the major strengths of arbitration is the ability of parties to select their own arbitrators. Those who criticise the system of party appointed arbitrators due to its alleged lack of legitimacy or inherent moral hazard ignore the essence of why parties select arbitration. Critically evaluate this statement, referring to relevant laws and materials as appropriate.
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