Fact Pattern 3-1 (Questions 31-33 Apply)

question 34

Multiple Choice

Fact Pattern 3-1 (Questions 31-33 apply)
Bean Vendors, Inc., and Java Bistros Corporation dispute a term in their contract.
-Refer to Fact Pattern 3-1. If Bean and Java resolve their dispute by having a neutral third party render a binding decision, they will have used the method of

• A) arbitration.
• B) conciliation.
• C) intervention.
• D) mediation.

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Definitions:

Breach of Contract

The violation of any of the agreed-upon terms and conditions of a binding contract, which may give rise to legal consequences for the party in breach.

Forcibly Evict

The act of removing a tenant from rental property by force or through legal proceedings because of violations of the lease or law.

Unjustifiably Vacates

Refers to the act of leaving or abandoning a position or place without valid reason or justification.

Notice Before Eviction

A legal requirement to inform tenants of impending eviction proceedings and the time frame in which it will happen.