Asked by Jocelyn Bello-Paez on Jul 13, 2024
Verified
Mediation, like arbitration, is often a compulsory process in which the mediator can render a decision that is binding upon the parties.
Mediation
A form of alternative dispute resolution where a neutral third party helps disputants come to a consensus on their own.
Arbitration
A method of dispute resolution where a neutral third party (the arbitrator) makes a binding decision, outside of a courtroom.
Compulsory
Required by law or a rule; obligatory, leaving no option for non-compliance.
- Identify the difference between compulsory and non-compulsory alternative dispute resolution methods.
Verified Answer
Learning Objectives
- Identify the difference between compulsory and non-compulsory alternative dispute resolution methods.
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