Examlex
All of the following statements are true concerning the Five Stages of Adjustment EXCEPT:
Submission Agreement
A contract which provides that a specific dispute will be resolved in arbitration.
ADR Techniques
Alternative Dispute Resolution methods, including mediation, arbitration, and negotiation, used to resolve conflicts outside the traditional court system.
Conciliation
A process in which a neutral third party assists disputing parties to reach a mutually agreeable solution.
Arbitration
A process where a dispute is resolved by an impartial third party whose decision the involved parties agree to accept.
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