. Resources - Textbook: The Legal Environment of Business @ Background Information Mediation is a form of alternative dispute resolution in which a neutral third party helps individuals resolve a dispute. Because the parties are encouraged to develop their own resolution of the conict, they have more of a vested interest in the outcome and are more likely to abide by the terms of the agreement. Unlike mediation, arbitration is a quasi-judicial proceeding in which a neutral third party decides how to resolve the conflict. Arbitration: can be binding or nonbinding, by agreement of the parties involved. . Instructions 1. Review the rubric to make sure you understand the criteria for earning your grade. 2. In your textbook, The Legal Environment of Business, read Chapter 3, \"Trials and Resolving Disputes." 3. Prepare an APA style paper, that denes alternative dispute resolution and argues whether a court system should require alternative dispute resolution before a plaintiff is allowed to pursue his or her lawsuit in court (that is to say, before a plaintiff is allowed to take his or her case to trial). a. If you favor a requirement of alternative dispute resolution, indicate in your paper which of the two primary forms of alternative dispute resolution (arbitration or mediation) the court system should require, and why. b. If you do not support mandated alternative dispute resolution, explain why. 4. The paper should contain at least 500 words and use three credible sources that are properly cited. When you have completed your assignment, save a copy for yourself and submit a copy to your instructor using the Assignment submission page by the end of the workshop. l" 1)) YL\\ 74' I antlycloudy I. p I a : g i Q I U A a ' KID). 3523::22