Final answer:
The third exception in lieu of written notice for a third party receiving information in the context of law refers to using a neutral third-party when an informal approach has failed and no internal mechanism is available. This can be seen in legal disputes where parties may bring in a mediator or arbitrator to help reach a resolution.
Step-by-step explanation:
In the context of law, the third exception in lieu of written notice for a third party receiving information refers to a situation where an informal approach has not worked and there is no internal mechanism available. In such cases, a neutral third-party may be brought in to facilitate the communication or exchange of information.
For example, in a legal dispute between two parties, if they are unable to resolve the issue through direct communication, they may decide to engage a mediator or an arbitrator as a third-party to help them come to a resolution.