Mindtap Worksheet 04.2 Alternative Dispute
Resolution & International Dispute Resolution With
Complete Solutions Latest Update 2024
Match the term to the correct definition.
A) Negotiation
B) Litigation
C) Arbitration
D) Mediation - correct answers A) A process in which parties attempt to settle their
dispute either through themselves or their attorneys, without going to court.
B) The process of resolving a dispute through the court system.
C) The settling of a dispute by submitting it to a third party who renders a binding
decision.
D) Attempt to settle a dispute in which a third party assists parties in reconciling
their differences but does not render a binding decision.
The percentage of cases that are settled through some form of ADR is
approximately - correct answers 90
Arbitration differs from other forms of ADR because: - correct answers the
arbitrator hears the dispute and imposes a solution on the parties.
Johnathon, a homeowner, files a lawsuit against the property owner's association
for his neighborhood. However, the property owner's association responds by
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