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Abel and Baker decide to resolve their dispute without hiring a neutral third party to help. Abel offers $ 5 , 0 0 0 to

Abel and Baker decide to resolve their dispute without hiring a neutral third party to help. Abel offers $

5, 000

to Baker to end the dispute and Baker accepts this offer. Which of the following statements is true?

Abel and Baker negotiated a settlement

Abel arbitrated the dispute and issued an award

None of the choices

Abel and Baker conducted a minitrial

Abel and Baker mediated their dispute

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