Examlex
An entrepreneur is rarely able to start a new business without some form of formal education.
Conciliation/Mediation
A process where a neutral third party assists disputing parties to reach a mutual agreement and resolve their conflict outside of court.
Third Party
An individual or entity that is not directly involved in a transaction or agreement but may be affected by it or have an interest in its outcome.
Settlement
An agreement reached between parties in a dispute, often involving payment or other terms, to resolve the dispute without further litigation.
Good Faith
Acting with honesty and integrity.
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