Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Law Public International and IHL Public International Law
What is the difference between arbitration and judicial settlement in resolving disputes?
1
Arbitration is non-binding, while judicial settlement is binding
2
Judicial settlement involves an international court, while arbitration involves chosen arbitrators
3
Arbitration is used for domestic disputes, and judicial settlement is for international disputes
4
Both involve non-binding resolutions decided by a third party