Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
A commercial arbitration is a private hearing which is usually heard in a boardroom or a court reporters office. The arbitrator, selected by the parties, hears evidence and argument (either oral or in writing) and issues a final decision. The arbitrators costs are split equally between the parties unless agreed to otherwise.
