Mediation Is Less Expensive Than Arbitration

question 28

True/False

Mediation is less expensive than arbitration.

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Definitions:

Sign

An object, quality, or event whose presence or occurrence indicates the possible presence of something else, often used in communication.

Hedonism

A philosophical theory or approach that suggests the pursuit of pleasure and intrinsic goods are the primary or most important goals of human life.

Epicurus

An ancient Greek philosopher who founded Epicureanism, which teaches that happiness comes from pursuing pleasure and avoiding pain, focusing on simple pleasures and friendship.

Hobbes

An English philosopher best known for his political philosophy, especially as articulated in his work "Leviathan," where he discusses the structure of society and legitimate government.