Ben and Janie are getting a divorce and their friend Josh recommends that they divide their property using arbitration rather than costly litigation.Which of the following methods should Josh recommend to ensure that they arrive at the fairest possible settlement as quickly as with as little argument as possible?
A) traditional arbitration
B) final-offer arbitration
C) arb-med
D) med-arb

Question

Quizplus · Accepted Answer

Final-offer arbitration allows each party to present a final proposal for the division of property, and the arbitrator chooses between the two proposals. This method encourages both parties to make reasonable offers in order to have their proposal selected, leading to a faster and less contentious resolution.

Ben and Janie Are Getting a Divorce and Their Friend