)Unlike an arbitrator, a mediator has the power to make a final decision. true or false
)Unlike an arbitrator, a mediator has the power to make a final decision. true or false
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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32)Unlike an arbitrator, a mediator has the power to make a final decision.
true or false
Expert Solution
Step 1
Mediation is the process by which the parties who are in-contract somehow try to resolve the dispute between them.
The mediator is the third person who tries to solve the disputes between the parties who are in conflict.
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