Asked by Jonathan Espana on Sep 26, 2024

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Arbitration and mediation are two forms of legal audits.

Arbitration

A method of dispute resolution in which an impartial third party makes a decision that is usually binding.

Mediation

A form of dispute resolution where a neutral third party assists the parties in reaching a mutually acceptable agreement.

Legal Audits

The process of reviewing and verifying the legal compliance and risks of a company or organization.

  • Develop an understanding of the necessity of campaign contributions and legal issues in corporate governance.
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KG
Kayleen Gamerabout 17 hours ago
Final Answer :
False
Explanation :
Arbitration and mediation are not forms of legal audits. They are alternative dispute resolution methods used to resolve disagreements outside of courts.