Question

Arbitration differs from mediation in that arbitration?

Answer 1

The main difference between arbitration and mediation is that in arbitration the arbitrator hears evidence and makes a decision.


... In mediation, the process is a negotiation with the assistance of a neutral third party. The parties do not reach a resolution unless all sides agree.

Answer 2

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However, it is common to employ mediation as a non-binding process and arbitration as a binding process.

In simpler terms, binding arbitration replaces the trial process with the arbitration process.


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Answer - By Choudhary21