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Which of the Following Is an Example of an Institution

question 16

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Which of the following is an example of an institution?


Definitions:

Private Trial

An ADR method in which a referee is selected and paid by the disputing parties to offer a legally binding judgment in a dispute.

"Rent-a-Judge"

A private adjudication service where parties in a dispute pay for a retired judge or private arbitrator to resolve their case outside of the public court system.

Dispute Resolution

The procedure for resolving disagreements or conflicts between parties, which can include negotiation, mediation, or arbitration.

Mediation

A form of dispute resolution where a neutral third party (mediator) helps the disputing parties come to a mutually acceptable agreement.

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