Which of the Following Is an ADR Mechanism That Involves

question 6

Multiple Choice

Which of the following is an ADR mechanism that involves the intervention of a disinterested third party into a dispute and the third party can impose a decision, much like a judge does?

• A) Conciliation
• B) Mediation
• C) Arbitration
• D) Litigation

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Definitions:

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial markets, research, and project planning.

Single Business Factor

A tax calculation method where a single parameter (like sales, payroll, or property value) is used to determine a business's tax liability.

Cultural Audit

An examination of an organization's culture, values, and practices to ensure they align with its goals and are conducive to maintaining a healthy workplace.

Ethnic Make-Up

Refers to the composition of different racial or ethnic groups within a population.