Chapter 2

Question 1

The following are the types of awards that may be issued by an abritrator:
A. Bare bones
B. Reasoned
C. Both a and b
Neither a nor b

Answer 1

C

Question 2

All of the following are the most common applications of arbitration in the business context except:
A. Labor
B. Business transactions
C. Property disputes
D. Torts

Answer 2

Torts

Question 3

All of the following are methods to enforce an arbitrators decision except:
A. Writs of execution
B. Garnishment
C. Fines
D. Liens

Answer 3

Fines

Question 4

Mediation focuses on?

Answer 4

Solutions

Question 5

A person trained in conflict resolution is considered?

Answer 5

A mediator

Question 6

What’s the first step in Alternative Disputes Resolution?

Answer 6

Negotiation

Question 7

A process in which a third party selected by the disputable helps the parties to voluntarily resolve their disagreement is known as?

Answer 7

Mediation