Provide the 3 Alternative Dispute Resolutions.
Provide the common characteristics of ALTERNATIVE DISPUTE RESOLUTION (ADR) - 5 points
Provide the definition of NEGOTIATION:
It is a private, voluntary and consensual process whereby the parties attempt to resolve their differences by agreement.
Provide the definition of MEDIATION.
It is a private, voluntary and consensual process whereby the parties attempt to resolve their differences with a third party (the mediator) involved.
What is the ROLE of the MEDIATOR?
He would assist the parties to reach a suitable settlement for their dispute.
He will make suggestions, counter-proposals, advise or persuade in order to assist.
The parties must consent to the agreement and the mediator may not enforce it.
Provide the definition of a ARBITRATOR.
The parties to a dispute ask voluntarily and jointly that a third party, the Arbitrator, hear their side of their story ad make a binding decision.
By asking an Arbitrator to assist, they commit in advance that they will accept his decision will be final and binding
What is the difference between Arbitration and Litigation? 4 points
Which matters are excluded from the ARBITRATION.