Which of the Following Statements Is TRUE with Respect to Alternative

question 70

Multiple Choice

Which of the following statements is TRUE with respect to alternative dispute resolution?

• A)Arbitration is often preferred to mediation when the parties want to receive a binding decision from a third party.
• B)Arbitration cannot be used unless the parties previously created a contract that required all disputes to be resolved solely by arbitration.
• C)Negotiation is often considered a binding process when used by large corporations.
• D)Because they work outside of the regular court system, small claims courts are considered a form of binding arbitration.
• E)While negotiation and mediation are confidential procedures, arbitration is not confidential because arbitrators' decisions are always reported in public documents.

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