Examlex
Which of the following is one of the key pieces of U.S.legislation designed to discourage,if not prevent,illegal conduct within businesses?
Dispute
A disagreement or conflict between parties that can be resolved through negotiation, mediation, or legal action.
Negotiation
A dialogue between two or more parties intended to reach a beneficial outcome over a conflict, disagreement, or to forge agreements while addressing each party's interests.
Binding Mediation
A dispute resolution process where an impartial mediator makes decisions that are enforceable and legally binding on the parties involved.
Nonbinding Mediation
A voluntary dispute resolution process in which a neutral third party helps the disputing parties reach a mutual agreement, which is not legally enforceable.
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