Identify the method that accounts for the majority of resolutions in international commercial transaction disputes.

Name: Identify the method that accounts for the majority of resolutions in international commercial transaction disputes.
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Question

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Most disputes that arise in commercial transactions are settled informally. Conciliation (also known as mediation) is a nonbinding agreement between parties to resolve disputes by asking a third party to mediate differences.

Identify the Method That Accounts for the Majority of Resolutions