During _______________,a third party has the power to impose an agreement.

Question

Quizplus · Accepted Answer

Arbitration is a process in which a third party (the arbitrator) has the authority to impose a decision that is binding on the parties. This is different from mediation and conciliation, where the third party's role is to assist the parties in coming to a mutually agreed upon resolution, but does not have the power to impose a decision. Consultation typically refers to a process of seeking advice or input, but does not involve a third party with the power to impose an agreement.

During _______________,A Third Party Has the Power to Impose an Agreement