Business Studies, asked by spoindexter8818, 1 year ago

A truck driver is hit by a motorist who ran a stop sign and will be in the hospital for several months and does not have any savings or disability benefits. Would you resolve this through a lawsuit, mediation or arbitration? Explain why?

Answers

Answered by writersparadise
4

Mediation is the best approach in this case. A successful mediation ensures that the truck driver gets quick payment to cover his hospital expenses.

In mediation, a neutral third party helps to resolve the issue quickly through negotiation, actively involving both parties, in this case – the truck driver and motorist.

Both, Arbitration as well as Law suit can be long drawn and takes time to be settled. It can also be expensive.  

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