Jena Is a Full-Time Undergraduate Student at State University and Is

question 85

Multiple Choice

Jena is a full-time undergraduate student at State University and is claimed by her parents as a dependent. Her only source of income is a $10,000 athletic scholarship ($1,000 for books, $5,500 tuition, $500 student activity fee, and $3,000 room and board) . Jena's gross income for the year is:

• A)$10,000.
• B)$4,000.
• C)$3,000.
• D)$500.
• E)None of these.

---

Definitions:

Mediation

A form of dispute resolution where a neutral third party assists the conflicting parties to reach a mutually acceptable agreement.

Negotiators

Individuals or parties that participate in discussions to reach a mutual agreement or settlement in various contexts, such as labor disputes.

Arbitration Process

A method of dispute resolution where an impartial third party, the arbitrator, makes a binding decision to resolve a conflict.

Contract Terms

The conditions and clauses that make up a formal agreement between two or more parties.