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____ is a nonbonding agreement between parties to resolve disputes by asking a third party to mediate differences.

a. Arbitration
b. Mediation
c. Conciliation
d. Litigation

1 Answer

2 votes

Final answer:

Mediation is a nonbinding process where parties seek to resolve disputes with the aid of a neutral third party, the mediator, without imposing a decision. option (B)

Step-by-step explanation:

​​Mediation is a nonbonding agreement between parties to resolve disputes by asking a third party to mediate differences. The correct answer to the student's question is option b, Mediation. Unlike arbitration, which involves an arbitrator whose decision is typically binding, mediation allows the parties to work toward a mutually agreeable solution with the help of a mediator, who does not impose a decision.

In conciliation, a conciliator may play a more active role in proposing solutions, while litigation involves taking the dispute to court, where a judge or jury decides the outcome. Thus, the process that fits the description provided is mediation.

User Daniel Kaplan
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