One possible disadvantage of mediation-arbitration as a method for third party dispute resolution is:

A. The threat of arbitration makes successful mediation less likely to occur.
B. The mediator-arbitrator develops too much knowledge of the parties' concerns in the mediation phase and can no longer remain neutral in the arbitration phase.
C. The mediator-arbitrator can have too much power because of the threat of what they'll do in arbitration.
D. The parties may withhold information during the mediation because they fear the mediator-arbitrator will use the information against them in the arbitration phase.


D. The parties may withhold information during the mediation because they fear the mediator-arbitrator will use the information against them in the arbitration phase.

Business

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The payment of salaries to employees will debit salaries expense account and credit ____________________

Fill in the blank(s) with correct word

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Which of the following is a characteristic of Total Quality Management (TQM)?

a. Decision making power is centrally controlled. b. Functional or departmental boundaries are minimized. c. Cross-disciplinary teams are dismantled. d. Teams perform narrowly focused tasks.

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Which of the following is considered a long-standing mantra of entrepreneurs?

a. It is always easy to replace a customer b. Cash is king c. Revenue is everything d. Don’t worry about expenses

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By paying the holder on an instrument, a party may be discharged from liability

a. True b. False Indicate whether the statement is true or false

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