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 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 mediated their dispute

Abel and Baker conducted a minitrial

Abel and Baker negotiated a settlement

None of the choices

Abel arbitrated the dispute and issued an award