Arbitration is a dispute resolution method in which the parties choose the arbitrator (or the arbitrators) and the procedure to be followed.

Arbitration is similar to litigation in courts as both methods determine which party is right and both render binding final decisions.

Arbitration agreement may be made only as a clause of a contract between the
parties.

If the arbitration agreement is not void, ineffective or impossible to
apply, the court must uphold the objection and dismiss the action on procedural grounds.

Sole ordinary appellate remedy against the arbitration award is an action for invalidation.