_____ Is an Alternative Dispute Resolution Technique Where a Neutral

question 63

Multiple Choice

_____ is an alternative dispute resolution technique where a neutral third party informally acts as a communication conduit between disputing parties.

• A)Ombudsman
• B)Peer review
• C)Conciliation
• D)Mediation
• E)Arbitration

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Definitions:

Purchase

The act of acquiring goods or services in exchange for money, constituting a financial transaction.

Compounded Annually

Refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Interest

The charge for borrowing money or the return on invested capital, usually expressed as a percentage of the principal amount over a specific period.

Compounded Annually

A method where interest is calculated once a year on the initial principal and all accumulated interest from previous periods.