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Which of the following statements is true of voluntary arbitration? Multiple Choice Submission is required by statute. The court will conduct a de novo hearing

Which of the following statements is true of voluntary arbitration?
Multiple Choice
Submission is required by statute.
The court will conduct a de novo hearing when reviewing the arbitration reward.
The procedure is associated with a court's supervision and discovery is usually done.
The quality of the outcome is considerably worse when compared to mandatory arbitration.
The procedure is not tied to a court and is not bound by rules of evidence.

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