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NEW QUESTION 24
Which of the following will you put into box 6?

• A. mediation
• B. arbitration
• C. litigation
• D. adjudication

Answer: A

Explanation:
The correct answers are as follows:

This is mediation because 1) it's private and 2) there's a third party present

NEW QUESTION 25
Which of the following will you put into box 8?

• A. Mediation
• B. Arbitration
• C. Litigation
• D. Negotiation

Answer: A

Explanation:
The correct answers are as follows:

This is mediation - there's a third party with no powers. The answer can't be negotiation as negotiation doesn't have a third party. The answer can't be litigation or arbitration as the third party here does have decision making power.

NEW QUESTION 26
Franky B's is a popular restaurant chain which is seeking a resolution to a conflict it has with its supplier of Fried Chicken. It is looking for a dispute resolution that does not involve the court but in which an expert third party will make a binding decision. Which is the most suitable dispute resolution method for Franky B's?

• A. mediation
• B. conciliation
• C. adjudication
• D. litigation

Answer: C

Explanation:
This is Adjudication. The other answers are incorrect- litigation involves the court. Conciliation and mediation do not provide binding decisions. P. 143

NEW QUESTION 27
Which of the following will you put into box 4?

• A. Payment Term
• B. Specification
• C. Subcontracting
• D. Time is of the Essence

Answer: D

Explanation:
The correct answers are as follows:

Getting help from another supplier to fulfil the order is subcontracting.

NEW QUESTION 28
Which of the following processes is the most adversarial?

• A. mediation
• B. litigation
• C. negotiation
• D. adjudication

Answer: B

Explanation:
Litigation is the most adversarial. It's usually the last resort and shouldn't be used if you want to preserve the working relationship. P. 145

NEW QUESTION 29
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