Final answer:
The correct answer is b) Mediation, a process where a neutral mediator assists parties in negotiating a mutually agreeable solution without making a binding decision.
Step-by-step explanation:
The method of nonbinding dispute resolution described in your question is mediation. This is a process in which a neutral third party, known as a mediator, assists the disputing parties in reaching a mutually agreeable solution. The mediator doesn't make a decision for the parties but rather helps facilitate communication and negotiation to resolve the conflict. Unlike arbitration, where the arbitrator can make a binding decision, mediation relies on the voluntary agreement of both parties.
Mediation is considered an accessible and impartial form of dispute resolution, ensuring that justice is delivered in a timely manner. In situations where an informal approach fails, a mediator steps in to help the conflicting parties find common ground. This process is often preferred for its flexible and cooperative nature, promoting understanding and agreement without the need for court proceedings.
Within the international community, organizations like the United Nations frequently mediate global conflicts, promoting peace and stability. The neutral mediation services they offer aim to resolve disagreements between member nations by facilitating dialogue and consensus.