Which of the Following Is Correct Regarding Arbitration, Conciliation, and Mediation

question 37

Multiple Choice

Which of the following is correct regarding arbitration, conciliation, and mediation:

• A) All three produce a binding resolution of a contract dispute.
• B) Only conciliation produces a binding resolution of a contract dispute.
• C) Only mediation produces a binding resolution of a contract dispute.
• D) Only arbitration produces a binding resolution of a contract dispute.
• E) None of the three produces a binding resolution of a contract dispute.

---

Definitions:

Critical Value

A threshold value that the test statistic must exceed in order to reject the null hypothesis in a statistical test.

Independent Variables

Variables in a study or model that are expected to influence or determine the outcome of the dependent variable(s), manipulated by the experimenter.

Degrees Of Freedom

The number of independent pieces of information in a dataset used in the calculation of a statistic, typically influencing the shape of various distributions.