Which of the Following Statements Regarding the Arbitration-Mediation Approach Is

question 79

Multiple Choice

Which of the following statements regarding the arbitration-mediation approach is INCORRECT?

• A)Agreements between the two parties are less likely to occur with an arbitration-mediation approach than a mediation-arbitration approach.
• B)In the arbitration-mediation approach,the arbitrator makes a decision and then places it in a sealed envelope while the mediation progresses.
• C)The arbitration-mediation approach begins with both sides formally presenting their cases to the arbitrator.
• D)The mediation-arbitration approach is a more common approach than the arbitration-mediation one.

---

Definitions:

Compounded Monthly

Compounded Monthly implies that interest is added to the principal sum of a deposit or loan each month and interest in the following month is then earned on the new principal sum.

Monthly Payments

Regular payments made every month, typically used in the context of loans, mortgages, or other installment plans.

Compounded Monthly

Interest calculation method where interest is added to the principal balance monthly, leading to interest on interest.

Monthly Payments

Regular payments made each month on a loan, mortgage, or other financial agreement.