Conflict avoidance, management and dispute resolution procedures Flashcards

1
Q

Are the forms of ADR?

A

Adjudication
Mediation
Arbitration

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2
Q

What are the differences of arbitration and adjudication?

A

Adjudication - Fast decision (witihn 28 days )
Adjudication - is binding unless it’s over overturned
Adjudication - Cheaper

Arbitration - Is binding

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3
Q

Whats the difference between adjudication and mediation?

A

Mediation -involves appointing a neutral, independent trained mediator.
Mediation is shorter
Mediation is not as formal
Mediation has lower cost

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