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.

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Definitions:

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in conducting business transactions.

Independent Contractor

One who contracts to do a job and who retains complete control over the methods employed to obtain completion.