Asked by Harley Appenzeller on Apr 23, 2024
Verified
______is a form of ADR in which a neutral third party evaluates the strengths and weaknesses of the disputing parties' positions; the evaluator's opinion forms the basis for negotiating a settlement.
A) Early neutral case evaluation
B) Mediation arbitration
C) Binding mediation
D) Nonbinding arbitration
Early Neutral Case Evaluation
A form of alternative dispute resolution in which a neutral third party evaluates the strengths and weaknesses of the disputing parties’ positions. The evaluator’s opinion forms the basis for negotiating a settlement.
Nonbinding Arbitration
An arbitration process where the decision or award cannot be legally enforced, and the parties are free to pursue further legal actions.
Binding Mediation
A dispute resolution process where the parties agree in advance to comply with the mediator's decision or recommendation.
- Acquire knowledge of the assorted processes and stages part of ADR, including mediation, arbitration, mini-trials, and negotiation.
Verified Answer
Learning Objectives
- Acquire knowledge of the assorted processes and stages part of ADR, including mediation, arbitration, mini-trials, and negotiation.
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