Asked by Cameron Lopez on Jul 04, 2024
Verified
What is the major difference between mediation and arbitration?
Arbitration
A method of dispute resolution where an impartial third party makes a decision that is binding on all involved parties.
Mediation
Mediation is a conflict resolution process where a neutral third party (the mediator) facilitates dialogue between disputing parties to help them reach a mutually acceptable agreement.
- Distinguish between mediation and arbitration.
Verified Answer
NC
Nesha Crawford__Jul 08, 2024
Final Answer :
Mediation seeks to achieve the objective by having the parties themselves develop and endorse the agreement.
Learning Objectives
- Distinguish between mediation and arbitration.
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