Apex Corporation has a disagreement over the terms of an agreement with the national distributor of their product. Apex Corporation and the distributor talk to each other about their dispute, in an effort to reach a resolution of the conflict without involving intermediation by a disinterested third party. This is an example of _____.
A) conciliation
B) mediation
C) mock trial
D) arbitration

Question

Quizplus · Accepted Answer

Conciliation simply involves the parties talking to each other about their dispute, either orally or in writing, in an effort to reach a resolution of the conflict. Conciliation does not involve intermediation by a disinterested third party.

Apex Corporation Has a Disagreement Over the Terms of an Agreement