Question
An attorney known for repeated success in dispute resolution, Deontay is helping to resolve a conflict between a farmer and a large auto dealership he
An attorney known for repeated success in dispute resolution, Deontay is helping to resolve a conflict between a farmer and a large auto dealership he claims has built a car lot on his land. After a great deal of argument from both parties, Deontay receives offers from both sides. The farmer asks for damages of $1 million, royalties of 2 percent on all car sales for the next 10 years, and a written apology, whereas the dealership offers to pay $500,000, with royalties of 1 percent for 5 years, as well as a written apology. After considering both offers and the arguments behind them, Deontay determines that the company's offer is fair, and an agreement is reached. This is an example of
- convention arbitration.
- distributive mediation.
- integrative mediation.
- final-offer arbitration.
- binding arbitration.
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