Answer:
d. set aside the award.
Explanation:
Arbitration is the means by which legal issues are settled with the help of an impartial party called the arbitrator. In an arbitration the parties are bound by decisions made. All parties must be present and agree to the settlement terms.
However in this instance the arbitrator met with only one party (Far Trade Company) and made a settlement. This settlement is not binding on Global Shipping since they did not attend the meeting and agree to the settlement terms.