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Select the correct statement regarding Alternative Dispute Resolution mechanisms from the ones given below.A negotiation cannot be completed without the involvement of a neutral third party.The results of mediation are binding on the parties, but the results of arbitration are not.Mediators can direct the parties to take a certain decision.In conciliation, the final decision is that of the disputed parties.

Question

Select the correct statement regarding Alternative Dispute Resolution mechanisms from the ones given below.A negotiation cannot be completed without the involvement of a neutral third party.The results of mediation are binding on the parties, but the results of arbitration are not.Mediators can direct the parties to take a certain decision.In conciliation, the final decision is that of the disputed parties.

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Solution

The correct statement regarding Alternative Dispute Resolution mechanisms is that in conciliation, the final decision is that of the disputed parties.

Similar Questions

“Mediation involves a wide range of practices and practitioners, using a wide range of strategies, form passive to highly directive and evaluative. It differs from arbitration in that the role of the neutral third party in arbitration is to consider the issues then make a decision….Per Brown H.J. and A. Marritt ADR Principles and Practices 3 rd ed (Sweet & Maxwell, London) p. 154 In light of the above statement, discuss the elements of mediation.

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