The key difference between mediation and arbitration is:
A) A mediator is constrained to work with the final offers given by the parties while an arbitrator can create an agreement that lies somewhere in between final offers
B) An arbitrator has more ability to come up with an agreement that both parties will be happy with
C) An arbitrator is focused on improving the relationship between the parties while a mediator just wants to get a settlement
D) A mediator has no authority to make a final and binding decision

Question

Quizplus · Accepted Answer

The key difference between mediation and arbitration is that a mediator does not have the authority to make a final and binding decision, whereas an arbitrator can. Mediation is a voluntary and non-binding process where a neutral third party helps the parties reach a mutually acceptable agreement. On the other hand, arbitration is a formal process where a neutral third party has the authority to make a final and binding decision, like a judge in a court of law.

The Key Difference Between Mediation and Arbitration Is