Which of the Following Is True Regarding the Uniform Mediation

question 20

Multiple Choice

Which of the following is true regarding the Uniform Mediation Act?

• A)It provides for a mediation privilege but does not specifically require that mediators identify conflicts of interest,and all states have adopted it.
• B)It provides for a mediation privilege but does not specifically require that mediators identify conflicts of interest,and less than half the states have adopted it.
• C)It does not provide for a mediation privilege but does specifically require that mediators identify conflicts of interest,and all states have adopted it.
• D)It provides for a mediation privilege,mediators are required to identify any conflicts of interest,and less than half the states have adopted it.
• E)There is no Uniform Mediation Act because of the controversy involved in attempting to negotiate such an act.

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Definitions:

Interest Income

Income earned from deposit accounts or investments through the receipt of interest payments.

Interest Rate

The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Note Maturity

The date on which a note's principal and any remaining interest is due to be paid.

Quarterly Interest

Interest calculated and paid at three-month intervals.