Jim files a suit against Kay.Before going to trial,the parties meet,with their attorneys to represent them,to present their dispute to a third party who is not a judge but who renders a legally binding decision.This is
A)arbitration.
B)litigation.
C)mediation.
D)negotiation.

Question

Quizplus · Accepted Answer

The scenario describes a process where the parties meet with their attorneys to present their dispute to a third party who renders a legally binding decision. This is the definition of arbitration, which is a form of alternative dispute resolution (ADR). In arbitration, the parties agree to have their dispute resolved by a neutral arbitrator rather than taking it to court. The arbitrator's decision is final and binding, and the parties are bound to abide by it.

Jim Files a Suit Against Kay