Alpha Construction has a dispute with a home buyer about some of the terms of their building contract.Both Alpha and the home buyer want to avoid the expense of going to court,but they cannot agree on how to settle their disagreement. The home buyer wants to bring in a third party who will have the authority to dictate an agreement.This person is a(n):
A)arbitrator.
B)consultant.
C)conciliator.
D)mediator.

Question

Quizplus · Accepted Answer

An arbitrator is a third party who has the authority to make a final and binding decision on the dispute. This would be the best choice in this scenario as both parties want to avoid court and the arbitrator would be able to make a final decision without the need for a lengthy court process. A consultant is typically hired to provide advice and recommendations, while a conciliator and mediator work to facilitate communication and negotiation between the parties but do not have the authority to make a final decision.

Alpha Construction Has a Dispute with a Home Buyer About