Which of the Following Is Correct Regarding Arbitration, Conciliation, and Mediation

question 37

Multiple Choice

Which of the following is correct regarding arbitration, conciliation, and mediation:

• A) All three produce a binding resolution of a contract dispute.
• B) Only conciliation produces a binding resolution of a contract dispute.
• C) Only mediation produces a binding resolution of a contract dispute.
• D) Only arbitration produces a binding resolution of a contract dispute.
• E) None of the three produces a binding resolution of a contract dispute.

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Definitions:

Classical Conditioning

A psychological process through which associations between a previously neutral stimulus and a naturally occurring stimulus are learned, leading to a learned response.

Premack Principle

A principle of reinforcement which states that a more probable behavior can reinforce a less probable behavior.

Law of Effect

A psychological principle stating that behaviors followed by satisfying consequences tend to be repeated, while those followed by unpleasant consequences are less likely to be repeated.

Cognitive Model

A theoretical approach that explains psychological phenomena by emphasizing mental processes, including perception, memory, and thought.