Jessup and Lange are having a dispute regarding some property.They want to have a binding resolution to their dispute, but they would prefer to have the dispute handled privately and by someone with special expertise.The best form of dispute resolution for their problem would be:

Question

Quizplus · Accepted Answer

Arbitration is a private process where disputing parties agree that one or several individuals can make a decision about the dispute after receiving evidence and hearing arguments. It is chosen for its privacy and the ability to select an arbitrator with specific expertise relevant to the dispute's nature.

Jessup and Lange Are Having a Dispute Regarding Some Property