The Major Advantage of Mediation Over Arbitration Is That It

question 6

True/False

The major advantage of mediation over arbitration is that it always results in a settlement.

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Definitions:

Inexpensive Brand

A brand that is marketed and priced to be affordable to a wide range of consumers.

Premium Brand

A brand that is perceived to offer higher quality and status compared to standard brands, often accompanied by a higher price.

Manufacturer Brands

Brands owned and managed by the manufacturer. Also known as national brands.

Private-label Brands

Brands owned by a retailer or supplier but not manufactured by them, often positioned as lower-cost alternatives to national brands.