After negotiations between the union and the company break down, they agree to bring in a neutral third party who will conduct a formal hearing and decide on a solution. What is this third party called?
A) arbitrator
B) mediator
C) interventionist
D) ratifier

Question

Quizplus · Accepted Answer

An arbitrator is a neutral third party who conducts a formal hearing and makes a binding decision to resolve disputes between the union and the company. A mediator is also a neutral third party, but their role is to facilitate negotiations between the parties and help them reach a mutually agreeable solution. Interventionist and ratifier are not commonly used terms in labor disputes.

After Negotiations Between the Union and the Company Break Down