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Resolve dispute by negotiation or mediation

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Reference no: EM133477211

Chapter 21

Arbitration is appropriate when two parties know they will be unable to resolve a dispute by negotiation or mediation. Explain the circumstances under which both parties are likely to agree to arbitration, and describe what is likely to occur if one party adamantly holds out for a court proceeding while the other is adamantly opposed to such an outcome.

 

Reference no: EM133477211

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