Fact Pattern 3-1 (Questions 31-33 Apply)

question 34

Multiple Choice

Fact Pattern 3-1 (Questions 31-33 apply)
Bean Vendors, Inc., and Java Bistros Corporation dispute a term in their contract.
-Refer to Fact Pattern 3-1. If Bean and Java resolve their dispute by having a neutral third party render a binding decision, they will have used the method of

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

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Definitions:

Encryption

The process of converting information or data into a secure code to prevent unauthorized access, ensuring data privacy and security.

Dotted Decimal Number

A representation of a numerical value using a base-10 system separated by dots, commonly used in IPv4 addresses.

Octet

A reference to each of the four numbers in a dotted decimal number Internet protocol address, so called because each number would have eight numerals in binary form.

Consortium

An association or group of companies, institutions, or governments that collaborate towards a common objective, often pooling resources for achieving a specific goal.