Examlex
Which of the following descriptions of the three basic sales tasks is CORRECT?
Mediation
A form of alternative dispute resolution where a neutral third party helps disputants come to a consensus on their own.
Arbitration
A method of dispute resolution where a neutral third party (the arbitrator) makes a binding decision, outside of a courtroom.
Compulsory
Required by law or a rule; obligatory, leaving no option for non-compliance.
Lifetime Appointments
Positions, often in the judicial branch, where the appointee serves for the remainder of their life, unless they resign, retire, or are removed through impeachment.
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