Final answer:
The assertion that arbitration hearings typically occur within 10 days is false. Arbitration can vary in timing based on case complexity and other factors, and while it can sometimes be faster than court proceedings, a 10-day turnaround is not standard.
Step-by-step explanation:
The statement that most arbitration cases are heard within 10 days after the request is false. In reality, arbitration may have certain procedural advantages over court trials, such as being generally less formal and possibly less expensive. However, the notion that cases are typically heard this quickly is inaccurate. The timeframe for an arbitration hearing can vary widely, depending on the complexity of the case, the number of parties involved, the availability of the arbitrators, and the procedures set forth by the arbitrating body. Some cases can indeed be expedited and heard quickly, but others may take many months, or even longer, to be resolved. Arbitration aims to be faster than traditional court proceedings, but a 10-day turnaround is exceptionally swift and not the standard timetable.