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Which of the following statements about dispute resolution are correct? Select all correct answers. Question 3 options: 1) If a lot of money is involved,
Which of the following statements about dispute resolution are correct? Select all correct answers.
Question 3 options:
1) | If a lot of money is involved, you cannot use mediation or arbitration. |
2) | A difference between litigation and mediation is that only in mediation can the results be kept confidential. Make sure the parties sign a confidentiality agreement. |
3) | In an arbitration, the arbitrator works with each party to try to get them to agree. |
4) | In mediation or arbitration, you must pay the decision-maker. |
5) | Mediation is the best way to get a final decision. |
6) | Litigation and arbitration are similar because the person hearing the case will make a decision. |
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