The Form of ADR That Occurs When Two or More

question 33

Multiple Choice

The form of ADR that occurs when two or more parties put their dispute in the hands of an independent and expert third party in order for that party to resolve the matter is called:

• A)Delegation.
• B)Abdication.
• C)Mediation.
• D)Arbitration.

Grasp the concept of conditional mutations and their dependency on environmental conditions.

Understand the requirements and procedures for placing a stop-payment order on a check.

Recognize the standards banks must observe, such as ordinary care and good faith, in their operations.

Comprehend the legal responsibilities and rights of banks in cases of stop-payment orders and negligence claims.

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