Alpha Construction is having a dispute with a home buyer about some of the terms of their building contract. Both Alpha and the home buyer want to avoid the expense of going to court, but they cannot agree on how to settle their disagreement.
-The home buyer wants to bring in a third party who will have the authority to dictate an agreement. This person is a(n) ________.
A) mediator
B) arbitrator
C) conciliator
D) consultant
E) officiant

Question

Quizplus · Accepted Answer

An arbitrator is a neutral third party who has the authority to make a decision that is legally binding on both parties. This option allows for the dispute to be resolved without going to court and gives both Alpha Construction and the home buyer some level of control over the outcome. A mediator facilitates negotiations between the parties but does not have decision-making authority. A conciliator is similar to a mediator but may offer suggestions or recommendations. A consultant offers advice and guidance but does not have decision-making authority. An officiant is someone who performs a wedding ceremony.

Alpha Construction Is Having a Dispute with a Home Buyer