Ben and Janie Are Getting a Divorce and Their Friend

question 21

Multiple Choice

Ben and Janie are getting a divorce and their friend Josh recommends that they divide their property using mediation or arbitration techniques rather than costly litigation.But Janie is not very assertive and is afraid that her views may be overridden.Which of the following methods should Josh recommend to ensure that any settlement they make is purely voluntary?

• A) arbitration
• B) mediation
• C) arb-med
• D) med-arb

---

Definitions:

Structural Unemployment

People who remain unemployed for long periods of time, often with little hope of finding new jobs like their old ones.

Specialized Knowledge

Expertise or skills focused on a specific branch of study, occupation, or field of endeavor, distinguished by its depth and proficiency.

Cost-Push Inflation

Inflation caused by an increase in prices of inputs like labour, raw material, etc., leading to a decrease in the supply of these goods.

Raw Materials

Fundamental materials that are used in the production process to create goods and products.