Asked by
Arnaldo Gutierrez
on Nov 22, 2024
Verified
The decision made by a/an ______ is legally binding for all parties.
A) mediator
B) arbitrator
C) intermediary
D) conciliator
Legally Binding
Describes an agreement or contract that is enforceable by law, meaning parties can be legally compelled to honor their commitments.
- Differentiate the roles of mediators, arbitrators, conciliators, and intermediaries in the facilitation of dispute resolution.
- Comprehend the legal implications of decisions made by arbitrators in dispute resolutions.
Verified Answer
BS
Learning Objectives
- Differentiate the roles of mediators, arbitrators, conciliators, and intermediaries in the facilitation of dispute resolution.
- Comprehend the legal implications of decisions made by arbitrators in dispute resolutions.