A Type of Alternative Dispute Resolution That May Be Non-Binding

question 15

Multiple Choice

A type of alternative dispute resolution that may be non-binding or binding that occurs when a third person is appointed by the courts or selected by the parties to hear a matter and issue a decision in the case is known as

• A)Litigation
• B)Negotiation
• C)Arbitration
• D)Mediation

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Definitions:

Lawn Mower

A machine utilizing one or more revolving blades to cut grass to an even length, commonly used in garden and landscape maintenance.

Substantial Expense

A significant outlay of money, often categorized as higher than usual costs, that can impact financial positions or budgets.

Consideration

A value promised in exchange for a certain act in a contractual agreement.

Quantum Meruit

A legal principle where a party is compensated with a reasonable sum for goods or services provided, even if no contract exists.