A Means of Settling Disputes, Under Which Parties Submit the Matter

question 361

Multiple Choice

A means of settling disputes, under which parties submit the matter to a neutral third party of their choosing to resolve the dispute by issuing a binding decision is called:

• A) mediation
• B) negotiation
• C) mini-trial
• D) arbitration
• E) summary jury trial

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Definitions:

Coercive Power

The ability of a person to influence others through the threat of punishment or the imposition of unpleasant consequences.

Legitimate Power

A form of authority where power is given to an individual due to their position and responsibilities within an organization.

Cognitive Ability

The capacity of an individual to perform various mental activities related to learning, problem-solving, and decision-making.

Creative Thinking

The ability to generate new and original ideas or solutions to problems.