Fact Pattern 2-1
Java Cafes, Inc., and Kaffe Import Corporation dispute a term in their contract.

-Refer to Fact Pattern 2-1.Resolving the dispute between Java and Kaffe by having a neutral third party render a binding decision is one of the advantages of

Question

Fact Pattern 2-1 
Java Cafes, Inc., and Kaffe Import Corporation dispute a term in their contract.

-Refer to Fact Pattern 2-1.Resolving the dispute between Java and Kaffe by having a neutral third party render a binding decision is one of the advantages of

Quizplus · Accepted Answer

The fact that a neutral third party renders a binding decision is a characteristic of arbitration. Conciliation involves a third party helping the parties reach a voluntary agreement, and mediation involves a third party facilitating communication and negotiation but does not have the power to impose a decision. Intervention is not a formal dispute resolution process.