CIPS Managing Contractual Risk L5M3 Question # 4 Topic 1 Discussion

CIPS Managing Contractual Risk L5M3 Question # 4 Topic 1 Discussion

L5M3 Exam Topic 1 Question 4 Discussion:
Question #: 4
Topic #: 1

Which of the following statements about adjudication is true?


A.

adjudicators are appointed at random and therefore may not have specific knowledge of the subject matter


B.

the decision making process can be lengthy and expensive


C.

parties are expected to present their cases in person in front of the adjudicator


D.

the decision made by the adjudicator is binding and usually communicated within 28 days


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