Disputants Martin and Daulton Have Hired Thurman to Mediate Their

question 32

True/False

Disputants Martin and Daulton have hired Thurman to mediate their disagreement.Although Martin and Daulton must accept whatever decision Thurman makes,the mediation has the advantage of keeping Martin and Daulton out of court.

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Definitions:

Irrevocable Oral Promise

A spoken commitment that cannot be canceled or revoked, legally binding under specific circumstances.

Legally Binding

Referring to an agreement or contract that is enforceable by law, obligating the parties involved to fulfill their respective parts of the agreement.

Promise to Donate

A commitment made by an individual or entity to give a gift, often monetary, to a nonprofit or charitable organization.

Illusory

Pertaining to something that is deceptive, misleading, or not based on reality; often used to describe agreements that lack a firm commitment.