2209 rsccdinstructurecom Question 1 5 pts Mediation is where

22:09 rsccd.instructure.com Question 1 5 pts Mediation is where binding decision O A mediator tries o rintesa D Question 2 5 pts The advantages of medation over lipation is choose all that appl D Question 3 5 pts Negotiation is where bwo lor monel parties try to reach an agreement to setle a dspute DI Question 4 5 pts Arbitration is where an Aubsitrator hears and renders a dechion Quie saved 10:019pSubmit Que

Solution

1. c) As per the Alternative Dispute Resolution mechanism used by the international trademark association, mediation is a non-binding process. A mediator helps parties to a dispute reach a settlement. The mediator facilitates a consensual agreement. The mediator does not decide.

2. All options are correct

Results in a settlement; usually less time consuming; better for future business relations between the two parties; Cheaper than a lawsuit; concluded in less than six months.

3. A negotiation is a form of indirect, or, direct communication whereby groups with opposing interests discuss a joint action that the parties may take to resolve the dispute.

4. True

For a final & binding decision, the dispute is referred to one or more impartial persons. The quasi-judicial procedure may limit the issues subject to arbitration.