The Difference Between Mediation and Arbitration Is

question 166

Multiple Choice

The difference between mediation and arbitration is

• A) in arbitration the problem may not be resolved, and mediation is the final step in which the involved parties must come to a resolution.
• B) arbitration uses a neutral third party in the negotiations.
• C) in mediation the president of the United States has the authority to step in, but not so in arbitration.
• D) mediation uses a neutral third party in the negotiations.
• E) mediation is a formal hearing, whereas arbitration is an informal discussion of the problem.

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Definitions:

Shareholder

An individual or entity that owns shares in a corporation and has certain rights and responsibilities.

Corporate Assets

Assets owned by a corporation, including tangible and intangible items, that are used in the operation of the company.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.

Corporate Ownership

Refers to the ownership of shares in a corporation, determining the distribution of control and benefits among shareholders.