What occurs when a neutral third party dictates a settlement between two sides that have agreed to submit to outside judgment?
A) Mediation
B) Arbitration
C) Strikebreaker
D) Impasse
E) Picketing

Question

Quizplus · Accepted Answer

This scenario describes the process of arbitration, where a neutral third party (the arbitrator) is called upon to make a binding decision on the settlement of a dispute between two parties who have agreed to accept the arbitrator's decision. Mediation involves a neutral third party helping the disputing parties explore and negotiate an agreement, but the mediator does not have the authority to impose a settlement. Strikebreaking, impasse, and picketing do not involve a neutral third party dictating a settlement.

What Occurs When a Neutral Third Party Dictates a Settlement