Define the three third-party dispute resolution approaches. Pick one of the three approaches to resolve a scenario, and explain why you picked it.

A mediator is a neutral third party who attempts to assist parties in a negotiation to find a resolution or come to an agreement using rational arguments and persuasion. An arbitrator is a neutral third party officially assigned to settle a dispute who listens to both sides of the argument as stated by the parties. A conciliator is a neutral third party who is informally assigned to persuade opponents to communicate. Examples will vary, but rationale should correspond with the definitions of the three third-party dispute resolution approaches.