Jim files a suit against Kino.Before going to trial,the parties meet,with their attorneys to represent them,to present their dispute to a neutral third party who renders a legally binding decision.This is

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The scenario described is arbitration, which involves a neutral third party making a legally binding decision on the dispute between the parties. Litigation refers to the traditional court process, while mediation is a non-binding process aimed at helping parties reach a mutually agreeable resolution. Negotiation refers to direct discussions between the parties, without the involvement of a third party.

Jim Files a Suit Against Kino