Which of the following is a difference between mediation and arbitration?
A) Mediation is a nonbinding structured process, whereas arbitration is a binding process.
B) Mediation is done in front of a panel, whereas arbitration is facilitated by an independent third party.
C) Mediation is generally time-consuming, whereas arbitration takes significantly less time.
D) Mediation is completely flexible, whereas arbitration is comparatively rigid.
Correct Answer:
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