Asked by Kevin Nguyen on May 09, 2024
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The process of alternative dispute resolution utilizes mediation or arbitration, but does so only after direct attempts to negotiate agreements between the conflicting parties have failed.
Alternative Dispute Resolution
A term referring to various methods of resolving conflicts and disputes without traditional litigation, such as arbitration or mediation.
Mediation
A conflict resolution technique involving a neutral third party who helps disputing parties find a mutually acceptable solution.
Arbitration
The process whereby a neutral third party issues a binding decision to resolve a dispute.
- Discern and grasp the variety of tactics in dispute resolution, encompassing mediation, arbitration, and negotiation.
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Learning Objectives
- Discern and grasp the variety of tactics in dispute resolution, encompassing mediation, arbitration, and negotiation.
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