Is a Method of Settling Disputes Outside of Court by Using

question 103

Multiple Choice

is a method of settling disputes outside of court by using the services of a neutral third party who acts as a communicating agent between the parties.This method is less formal than arbitration.

• A)Alternative dispute resolution (ADR)
• B)Negotiation
• C)Settlement agreement
• D)Mediation

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Definitions:

Collaboration

Working together among individuals or groups to achieve a common goal or solve a problem.

Types of Collaboration

Various forms of cooperative interactions between parties, including teamwork, joint ventures, and strategic alliances, aimed at achieving common goals.

Common Drivers

Fundamental factors or forces that influence the performance or direction of a process, system, or market.