Which of the Following Is the Cornerstone and Major Benefit

question 60

Multiple Choice

Which of the following is the cornerstone and major benefit of mediation?

• A) It is a formal process and therefore easily undertaken.
• B) The parties involved maintain control over the settlement outcome.
• C) A mediator can quickly settle a dispute by declaring a resolution.
• D) The mediator is a representative of management.

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Definitions:

Bank Accounts

Financial accounts maintained by individuals or businesses in a banking institution for the purpose of managing money.

Takings Clause

A clause in the Fifth Amendment of the U.S. Constitution requiring that when government uses its power to take private property for public use, it must pay the owner just compensation, or fair market value, for the property.

Condemnation

The legal process by which government or a legal entity takes private property for public use, with compensation to the owner.

Fifth Amendment

An amendment to the U.S. Constitution that provides several protections to individuals, including protection against self-incrimination and double jeopardy, and ensures due process of law.