EXAM- ADR methods Flashcards

1
Q

Judicial determination

A

When parties take a legal dispute to court for judicial ruling

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2
Q

Name a strength and weakness for judicial determination

A

Strength: more easily enforceable
Weakness: high cost

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3
Q

Mediation

A

When a third party helps the disputing parties to an agreement through maintaining open communication. Doesn’t tell parties how to resolve dispute

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4
Q

Conciliation

A

When a third party helps the parties to come to an agreement by giving suggestions

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5
Q

Name a strength and weakness for mediation/conciliation

A

Strength: less confrontational
Weakness: one party may be more dominant

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6
Q

Arbitration

A

When a third party decides a case after attempts to persuade parties to an agreement

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7
Q

Name a strength and weakness of arbitration

A

Strength: binding
Weakness: can be delays

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