Version of inaction as method of dispute resolution

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Reference no: EM132219953

1. Explain the wait and see version of inaction as a method of dispute resolution. Identify one situation, and state why you would choose this method of dispute resolution

2. What is the role of the mediator when the parties are on the verge of settling a dispute in which the proposed settlement has significant tax consequences and one of the parties is totally ignorant of these consequences? Should the mediator give the party tax advice, should the mediator advice the party to consult a tax advisor before entering into the agreement or should the mediator remain silent?

Reference no: EM132219953

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