Another name for conciliation as a means for settling a dispute in international commerce is:
A) mediation.
B) informal settlement.
C) arbitration.
D) litigation.
E) coercion.

Name: Another name for conciliation as a means for settling a dispute in international commerce is: A) mediation. B) informal settlement. C) arbitration. D) litigation. E) coercion.
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Question

Quizplus · Accepted Answer

Conciliation (also known as mediation) is a nonbinding agreement between parties to resolve disputes by asking a third party to mediate differences.

Another Name for Conciliation as a Means for Settling a Dispute