Define the Three Third-Party Dispute Resolution Approaches

question 35

Essay

Define the three third-party dispute resolution approaches. Pick one of the three approaches to resolve a scenario, and explain why you picked it.

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Definitions:

Fibrin

Elastic filamentous protein derived from fibrinogen by the action of thrombin, which releases peptides from fibrinogen in coagulation of the blood.

Fibrinogen

A plasma protein produced by the liver, crucial for blood clotting as it is converted into fibrin in the clotting process.

Plasma Component

The liquid part of blood that carries cells and proteins throughout the body, consisting mainly of water, electrolytes, and proteins.

Plasma

The liquid component of blood, in which blood cells are suspended.