Alternative Dispute Resolution Flashcards

1
Q

Arbitration

A

form of alternative dispute resolution that resolves disputes outside the judiciary courts

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2
Q

Voluntary Arbitration

A

arbitrator mutually agreed upon and decision may be binding if parties agree

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3
Q

Mandatory Arbitration

A

arbitrator may not be mutually agree upon and decision usually binding

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4
Q

Negotiation

A

refers to a consensual bargaining process by the parties without outside assistance used primarily to complete transactions such as contracts and to resolve disputes

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5
Q

Four Parts of Negligence

A

Planning how you will approach the other party/ies
Exchanging information and requests
Offering and counter-offering concessions and compromises
Reaching an agreement that is mutually acceptable to all parties

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6
Q

Mediation

A

process in which a neutral mediator works collaboratively with the opposing parties to identify the areas of conflict and to assist them in reaching a settlement or agreement that is mutually satisfactory- don’t make final decision

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