Which of the Following Statements Is True of Mediation

question 91

Multiple Choice

Which of the following statements is true of mediation?

• A) A mediator is appointed by a court.
• B) The proceedings of mediation can be used in litigations.
• C) Mediation is more time-consuming and expensive than litigation.
• D) Mediation is used increasingly to resolve insurance claim disputes and commercial contract problems.

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Definitions:

Short-Term Investments

Investments that are expected to be converted into cash within one year and are often seen in the form of stocks, bonds, or certificates of deposit held by a company.

Trading Investment

Securities purchased by a company not for long-term holding but rather for generating profit from short-term price fluctuations.

Common Shares

Equity investments representing ownership in a company, entitling holders to dividends and voting rights in certain decisions.