Final answer:
The correct answer is c. Striking method, which is a procedure for selecting an arbitrator where parties alternate eliminating choices until one remains.
Step-by-step explanation:
The arbitrator selection procedure where each party takes turns eliminating potential arbitrators from a list until one remains is known as the c. Striking method.
This approach allows each party in a dispute to have an equal say in the selection process by permitting them to strike, or remove, arbitrators from a list until only one is left, who will then serve as the arbitrator for the case.
This method is intended to ensure a neutral and satisfactory selection for both parties, minimizing the potential for bias.
This method allows each party to have a say in the selection process and ensures that a mutually acceptable arbitrator is chosen. For example, in labor disputes, the striking method is commonly used to select an unbiased arbitrator who will make a fair decision.
Therefore, the correct answer is c. Striking method.