Chapter 2 Flashcards

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1
Q

The following are the types of awards that may be issued by an abritrator:
A. Bare bones
B. Reasoned
C. Both a and b
Neither a nor b

A

C

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2
Q

All of the following are the most common applications of arbitration in the business context except:
A. Labor
B. Business transactions
C. Property disputes
D. Torts

A

Torts

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3
Q

All of the following are methods to enforce an arbitrators decision except:
A. Writs of execution
B. Garnishment
C. Fines
D. Liens

A

Fines

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4
Q

Mediation focuses on?

A

Solutions

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5
Q

A person trained in conflict resolution is considered?

A

A mediator

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6
Q

What’s the first step in Alternative Disputes Resolution?

A

Negotiation

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7
Q

A process in which a third party selected by the disputable helps the parties to voluntarily resolve their disagreement is known as?

A

Mediation

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