A Mediator Attempting to Negotiate a Resolution to a Commercial

question 16

Multiple Choice

A mediator attempting to negotiate a resolution to a commercial dispute has conceded that she is unable to move the dispute through the mediation process.Which of the following would the mediator most likely attribute as the main factor contributing to the failed mediation?

• A) the parties' inability to choose effective teams of negotiators
• B) the unwillingness of a party to compromise and quickly resolve the issues
• C) the mediator's lack of familiarity with the industry and the businesses
• D) the parties' mutual failure to include an arbitration clause in their contract

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Definitions:

Retail Value

the price at which a product is sold to the end consumer in a retail market.

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A popular fashion doll brand created by the American toy company Mattel, Inc., known for its diverse range of dolls and accessories.

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Abstaining from possible rewards offered by other selections upon choosing one.

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The total production of crops, livestock, and other agricultural goods within a specific period, usually expressed in quantity or value terms.