In a Typical ________ Procedure, Parties Select a Disinterested and Informed

question 91

Multiple Choice

In a typical ________ procedure, parties select a disinterested and informed party or parties to serve as a referee to determine the merits of the case and make a judgment that both parties agree to honor under the law.

• A) arbitration
• B) informal settlement
• C) conciliation
• D) litigation
• E) coercion

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Definitions:

Ecological Fallacy

The error of assuming that information about group characteristics can be used to make inferences about individuals within that group.

Cultural Appropriateness

The extent to which behaviors, attitudes, or policies are sensitive and suitable to the culture of a particular group or community.

Tariffs

Taxes imposed on imported goods and services, which can affect trade relations and economic policies between countries.

Transnational Corporations

Large companies that operate and have assets in more than one country, functioning with a global perspective.