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Law B142 > Negotiation,mediation,conciliation and arbitration > Flashcards

Negotiation,mediation,conciliation and arbitration Flashcards

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1
Q

What is negotiation?

A

Informal resolution of dispute

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2
Q

What is mediation?

A

Negotation with 3rd neutral party(the mediator)

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3
Q

What is conciliation?

A

Similar to Mediator but conciliator more actively involved in coming up with solution

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4
Q

What is arbitration?

A

Formal private, binding process

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Law B142 (6 decks)

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