Fact Pattern 2-3
Java Cafes,Inc. ,and Kaffe Import Corporation dispute a term in their contract.
-Refer to Fact Pattern 2-3.Resolving the dispute between Java and Kaffe by having a neutral third party render a binding decision is one of the ad?van?tages of

Question

Fact Pattern 2-3 
Java Cafes,Inc. ,and Kaffe Import Corporation dispute a term in their contract.
-Refer to Fact Pattern 2-3.Resolving the dispute between Java and Kaffe by having a neutral third party render a binding decision is one of the ad?van?tages of

Quizplus · Accepted Answer

Arbitration is a dispute resolution method in which a neutral third party renders a binding decision. Therefore, resolving the dispute between Java and Kaffe through arbitration would provide the advantage of having a binding decision made by a neutral third party. Conciliation is a non-binding dispute resolution method, intervention refers to third-party involvement in negotiations, and mediation involves a neutral third party facilitating a discussion between the parties but does not render a binding decision.