Of All Forms of Dispute Resolution,which One Probably Offers the Strongest

question 27

Multiple Choice

Of all forms of dispute resolution,which one probably offers the strongest "win-win" potential because its goal is voluntary settlement?

• A)litigation
• B)arbitration
• C)jurisdiction
• D)mediation

---

Definitions:

Capital Goods

Long-lasting goods that are used in the production of other goods or services, such as machinery, equipment, and buildings.

Production Possibility Frontier

A graphical representation depicting the maximum output possibilities for two goods, given a set of inputs, highlighting the trade-offs in production choices.

Efficiency

The ability to achieve a desired outcome or output with the least waste of time, effort, or resources.

Production Possibility Curve

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve with existing resources and technology.