In a binding arbitration clause, Multiple Choice a contractual provision gives the parties the opportunity to select arbitration, mediation, or litigation as the method of dispute resolution. the losing party must be handcuffed and led out of the arbitration room, and immediately begin serving an arbitratorimposed term of imprisonment. None of these are correct.

The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer: