Which of the Following Characterizes a Required Element in Circumstances

question 22

Multiple Choice

Which of the following characterizes a required element in circumstances where ADR has been chosen as the preferred method of resolving a dispute between commercial entities?

• A) the wish to avoid rushing a settlement
• B) a mutual desire to retain the relationship
• C) one party will make a large payout of cash
• D) the wish to amicably terminate the relationship

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Definitions:

Socioeconomic Status

A measure of one's combined economic and social position in comparison to others, often based on income, education, and employment.

Life Span

The maximum duration of life of a species or individual, or a narrative account of major events and life stages from birth to death.

Pattern

A repeated decorative design or a regular and intelligible form or sequence discernible in the way in which something happens or is done.

Conception

The process of becoming pregnant involving the fertilization of an egg by a sperm.