Instead of Going to Court, Two Parties in Dispute Agree

question 7

Multiple Choice

Instead of going to court, two parties in dispute agree to a neutral third party listening to both sides of the argument and helping to resolve the dispute. What is the term for this type of dispute resolution?

• A) med-arb
• B) discovery
• C) pleadings
• D) arbitration
• E) mediation

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Definitions:

Confidence Interval

A range of values, derived from statistical analysis, that is likely to contain the true value of an unknown parameter with a certain level of confidence.

Incentive Program

A plan or approach aimed at promoting certain behaviors or activities by providing incentives or advantages.

Sick Leave

Paid or unpaid time off work provided by employers for employees who cannot work due to illness.

Real Estate Agent

A licensed professional who arranges real estate sales, purchases, and rentals for clients.