Figure 4-22
-Refer to Figure 4-22.Panel (a) shows which of the following?
Definitions:
Arbitration
A form of dispute resolution where a neutral third party hears both sides' arguments and makes a binding decision to resolve the conflict.
Mediators
Neutral third parties who assist in negotiations and conflict resolution by facilitating dialogue between disputing parties.
Negotiations
The art or act of discussing points of difference to reach an agreement, often seen in contexts like business, labor, and diplomacy.
Fact-finder
An impartial party, often appointed by a court or involved in a dispute resolution process, tasked with investigating disputed facts and reporting findings.
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