Early Neutral Evaluation (ENE)is A(n)

question 34

Multiple Choice

Early neutral evaluation (ENE) is a(n) :

• A)ADR process that combines mediation with arbitration.
• B)shortened version of a trial,conducted in less than a day before an actual jury which renders an advisory verdict in the case.
• C)ADR technique by which the parties hire a retired judge to hear their dispute.
• D)ADR process in which the parties permit a referee to assess their case on the basis of the facts and legal arguments alone.

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Definitions:

Option Contract

A contract which grants the holder the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.

Counteroffer

A counteroffer is a response to an original offer, modifying some of its terms and thereby rejecting the original offer.

Acceptance

An agreement by one party to the terms of the offer made by another.

Revocation

The action of rescinding or recalling a decision, law, license, or agreement, making it no longer valid.