Fact Pattern 2-A1 (Questions A14-A16 Apply)

question 13

Multiple Choice

Fact Pattern 2-A1 (Questions A14-A16 apply)
Java Cafes,Inc.,and Kaffe Import Corporation dispute a term in their contract.
-Refer to Fact Pattern 2-A1.Resolving the dispute between Java and Kaffe by having a neutral third party render a binding decision is one of the ad?vantages of

• A)arbitration.
• B)conciliation.
• C)intervention.
• D)mediation.

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Definitions:

Money

A medium of exchange, in the form of coins and banknotes, used to facilitate transactions.

Food

Any nutritious substance that people or animals eat or drink in order to maintain life and growth.

Secondary Reinforcer

A reinforcer that acquires its positive value through an organism’s experience; a secondary reinforcer is a learned or conditioned reinforcer.

Positive Value

Something that is considered beneficial, desirable, or of worth according to individual or societal standards.