Difference between negotiation and arbitration in chat
Answers
Answered by
1
Negotiation
Negotiation and Mediation is less expensive and less time consuming than the Court action. An agreement is encouraged but the parties are free to pursue other processes if they cannot reach an agreement.
Arbitration
Arbitration refers to the process where the decision is made by a third party.
I hope it will helps you....
Please mark me as Brainliest....
@eswarvts
Answered by
0
Answer:
Negotiation and Mediation is less expensive and less time consuming than the Court action. An agreement is encouraged but the parties are free to pursue other processes if they cannot reach an agreement. Arbitration refers to the process where the decision is made by a third party.
Explanation:
Attachments:
Similar questions