15 (1 point) Two parties are in a dispute, and they want a resolution outside of the court system. They are considering their options for alternative dispute resolution (ADR). What is the key difference between mediation and arbitration? Question 15 options: Mediation involves a binding decision made by a neutral third party, while arbitration allows the parties to reach a compromise on their own. Mediation and arbitration are identical in their processes and outcomes. Mediation allows the parties to reach a compromise with the help of a neutral third party, while arbitration involves a formal process with a binding decision made by a third party. Mediation and arbitration both require a judge's intervention for a final decision