Asked by Tequila Junior on Jul 08, 2024
Verified
Which of the following is a similarity between arbitration and adjudication?
A) Both reinforce the assumption that conflicting parties can resolve their own disputes.
B) Both require the voluntary participation of conflicting parties.
C) Both empower a third party to decide the outcome of a conflict.
D) Both are settled outside of courts.
E) Both require the mediator of conflicts to personally know the conflicting parties.
Arbitration
A method of resolving disputes in which an impartial third party delivers a conclusive judgment to settle a disagreement between parties.
Third Party
An individual or entity that is not directly involved in a situation, dispute, or transaction, but may influence or facilitate outcomes.
Conflicting Parties
Individuals, groups, or entities involved in a disagreement or dispute, each with opposing viewpoints or interests.
- Differentiate among mediation, arbitration, adjudication, and alternative dispute resolution methods.
- Understand the significance of voluntary participation in conflict resolution strategies.
Verified Answer
AJ
Aleks JuniorJul 13, 2024
Final Answer :
C
Explanation :
Both arbitration and adjudication involve a third party making a decision about the outcome of a conflict. In arbitration, the decision is made by an arbitrator, while in adjudication, it is made by a judge or a similar legal authority. Other options (A, B, D, and E) are not similarities between the two processes.
Learning Objectives
- Differentiate among mediation, arbitration, adjudication, and alternative dispute resolution methods.
- Understand the significance of voluntary participation in conflict resolution strategies.