Which one of the following statements regarding arbitration as an alternative dispute resolution method for claims is most accurate? Available answer options Select only one option A Arbitration is often less time-consuming and less costly than litigation, and the decision is usually binding. B Arbitration is often more time-consuming but less costly than litigation. C Arbitration is often less time-consuming but more costly than litigation. D Arbitration is often less time-consuming and less costly than litigation, but the decision is usually non-binding