Java Cafes, Inc., and Kaffe Import Corporation dispute a term in their contract.
-Refer to Fact Pattern 3-1.Resolving the dispute between Java and Kaffe by having a neutral third party render a binding decision is one of the advantages of
A)arbitration.
B)conciliation.
C)intervention.
D)mediation.

Question

Quizplus · Accepted Answer

Arbitration is a form of alternative dispute resolution where a neutral third party is appointed to make a final and binding decision. This option would allow Java and Kaffe to resolve their dispute without going to court and having a judge make the decision.