A[n] Clause Is One Way Parties Can Indicate Their Desire

question 81

Multiple Choice

A[n] clause is one way parties can indicate their desire to create an integrated contract.

• A)Merger
• B)Complete
• C)Bilateral
• D)Acknowledged
• E)Adhesion

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Definitions:

Mediation

A form of alternative dispute resolution where a neutral third party helps disputing parties reach a voluntary, negotiated agreement.

Negotiation

The process of discussing terms between parties to reach a mutual agreement or resolve differences.

Arbitration

A method of dispute resolution where an impartial third party, called an arbitrator, makes a decision to resolve a dispute outside of court.

Private Civil Trial

Trials run according to the same rules of procedure and evidence as trials run under the official auspices of the court. In a private trial, the parties can hold the trial when and where they choose, and they can choose the judge. Lengthy civil cases are well-suited to this approach.