A third-party individual who makes a decision that is legally binding for both sides in a dispute is a:
A)Mediator
B)Fact-finder
C)Price Line Negotiator
D)Arbitrator
E)Facilitator

Question

Quizplus · Accepted Answer

An arbitrator is a third-party individual who is appointed to make a decision that is legally binding for both sides in a dispute. Mediators and facilitators help both sides come to a mutually agreeable solution, but their decisions are not legally binding. Fact-finders gather information and present it to both sides, but do not make final decisions. Price line negotiators focus on determining a fair price for goods or services, but do not make legally binding decisions.

A Third-Party Individual Who Makes a Decision That Is Legally