The Fastest-Growing Method of Dispute Resolution in the United States

question 12

Multiple Choice

The fastest-growing method of dispute resolution in the United States is

• A)arbitration.
• B)negotiation.
• C)mediation.
• D)litigation.

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Definitions:

Honesty

The quality of being truthful and transparent in actions, communications, and transactions.

Property Tax Purposes

The use of property evaluation to determine the amount owed by property owners to municipal or county governments as property tax.

National Retail Chain

A series of retail stores operating under the same brand and management across multiple locations nationwide.

Counteroffer

A response to an offer in a negotiation that changes the terms in an attempt to reach a mutually agreeable contract.