Pre-Settlement Settlements (PreSS)occur in Advance of the Parties Undertaking Full-Scale

question 3

Multiple Choice

Pre-settlement settlements (PreSS) occur in advance of the parties undertaking full-scale negotiations and are designed to be replaced by a long-term agreement.Which of the following is a key characteristic of PreSS?

• A)PreSS are informal and unenforceable
• B)PreSS are formal and binding
• C)PreSS address issues after all the main issues have been decided upon
• D)PreSS address and resolve all outstanding issues