Which of the Following Is True Regarding the Remedy If

question 33

Multiple Choice

Which of the following is true regarding the remedy if a party does not abide by an agreement reached in mediation?

• A) Because mediation is a voluntary process, there is no legal remedy.
• B) The remedy is to return to mandatory mediation.
• C) The remedy is to proceed to arbitration.
• D) The remedy is to sue for breach of contract.
• E) The remedy is to proceed to a minitrial.

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Definitions:

Rent

Payment made periodically by a tenant to a landlord in exchange for the use of land, a building, or another property.

MRP

The additional revenue produced by increasing one unit of a production input, emphasizing the productivity aspect in revenue generation.

Factor of Production

Resources used in the creation of goods or services, commonly categorized into land, labor, capital, and entrepreneurship.

Wage Rate

Remuneration paid by employers to employees for their labor, calculated on an hourly or annual basis, a key factor in employment decisions.