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mediation and arbitration are alternative forms of dispute resolutions (cheaper and quicker than court). Accord and satisfaction is when a party gives up a right to demand contractual performance in exchange for some new benefit.

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12y ago

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Related Questions

What are the alternatives to litigation?

arbitration negotiation mediation


What is a term that helps avoid a trial?

Settlement, mediation, arbitration, dismissal, a stay.


Which method of conflict resolution is where decisions are made by those disputing parties with the assistance of a neutral third party?

Arbitration. If you look for answers, submit some too.


What are the pros and cons of choosing between arbitration and mediation for resolving disputes?

Arbitration and mediation are both alternative dispute resolution methods that offer pros and cons. Arbitration pros: Faster resolution compared to litigation Decision is binding and enforceable More formal process with a neutral arbitrator Arbitration cons: Limited opportunities for appeal Costs can be high Less control over the outcome Mediation pros: Parties have more control over the outcome Informal and collaborative process Can help preserve relationships Mediation cons: Non-binding decision May not be effective for complex disputes No guarantee of resolution Ultimately, the choice between arbitration and mediation depends on the specific circumstances of the dispute and the preferences of the parties involved.


What has the author Eileen Carroll written?

Eileen Carroll has written: 'International mediation' -- subject(s): Arbitration and award, Dispute resolution (Law), Mediation


What has the author Dan Fernback written?

Dan Fernback has written: 'Recent court cases and administrative rulings interpreting Wisconsin's mediation-arbitration law' -- subject(s): Collective labor agreements, Digests, Industrial Arbitration, Industrial Mediation and conciliation, Municipal employees


What is it called when you settle disputes?

War. Arbitration. Conciliation. Treaties. Domination. Submission. Defeat. Victory.


When is the arbitration method used to resolve a conflict in the army?

After negotiation and or mediation efforts failed or deemed inappropriate


What are some alternatives to court?

Mediation and arbitration are some alternatives to court. Mediation--A process by which two people having a dispute agree to work together to settle the dispute with the help of an impartial 3rd party mediator. The process is usually inexpensive and has about an 80% success rate in civil matters. It is also confidential. Mediation is available through your local dispute resolution center--see the phone book. Also, from personal experience as a mediator, I can assure you that it will ensure that the parties to the dispute can remain civil to each other. Arbitration--A process by which the parties agree to plead their cases to an attorney or retired judge instead of in court. This is also inexpensive and saves a great deal of money over a court trial. Arbitration can be binding (cannot be appealed) or non-binding (can be appealed). Arbitration of disputes is usually done by the American Arbitration Association, National Arbitration Forum, or Judicial Arbitration and Mediation Services (JAMS). Arbitration sessions are closed to the public, however, any arbitration judgment may be entered into any court having jurisdiction.


What are the three ways to settle disputes out of court?

Mediation - arbitration - withdraw your objections and/or accede to the other party's demands


Are there alternatives to war?

Arbitration and mediation, but there must be some power to enforce the settlement, since neither side will be happy with that outcome.


What is when a third person listens to the problem and makes a decision?

When a third person listens to a problem and makes a decision, it is called mediation or arbitration. Mediation involves a neutral third party helping the parties reach a resolution themselves, while arbitration involves the third party making a decision that the parties agree to abide by.