1. Which of the following MOST ACCURATELY describes mediation and arbitration?
2. Mediation requires both parties accept the mediators decision, whereas arbitration allows the parties to reject the arbiters decision and opt for litigation with a judge or jury trial
3. Mediation uses a mediator who works the parties towards a mutually agreed resolution, whereas arbitration uses a third party whose decision can be either binding or non-binding on the parties
4. Mediation by the parties must be either waived or accepted and have failed before a judge or jury trial can proceed, whereas arbitration can be invoked by a judge at any time during trial, as long as a verdict has not been reached
5. Mediation is limited to matters involving divorce or child custody, whereas arbitration is used where the parties previously agreed to the remedy in writing when contracting for goods or services