this post was submitted on 27 Sep 2024
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Can anyone ELI5 this to me? Arbitration is a big scary word that I don't understand.
If you and your friend get into a argument over something on the playground, instead of going to a teacher, you both agree to tell your stories to another friend you both agree will be impartial. You then both do what that friend says without involving the teacher.
Actually explained like you would to a 5yo.
Awesome job.