Which term describes a meeting to encourage resolution without litigation?

Which term describes a meeting to encourage resolution without litigation?

• A. Crisis management
• B. Disaster recovery
• C. Arbitration
• D. Waiver of Subrogation

Answer: (C)

Arbitration is a form of alternative dispute resolution where a neutral third party reviews the dispute and makes a decision, with the goal of resolving issues without going to court. The process often includes meetings or hearings and leads to a binding decision that the parties must follow, providing a structured path to settlement without litigation. This fits the idea of encouraging resolution without litigation because it explicitly aims to settle disputes outside the formal court process. The other terms describe different concepts: crisis management deals with handling an immediate threat to operations or reputation, disaster recovery focuses on restoring IT and business operations after a disruption, and waiver of subrogation is an insurance clause that prevents the insurer from pursuing another party. None of those describe the dispute-resolution role that arbitration uniquely provides.

Arbitration is a form of alternative dispute resolution where a neutral third party reviews the dispute and makes a decision, with the goal of resolving issues without going to court. The process often includes meetings or hearings and leads to a binding decision that the parties must follow, providing a structured path to settlement without litigation. This fits the idea of encouraging resolution without litigation because it explicitly aims to settle disputes outside the formal court process. The other terms describe different concepts: crisis management deals with handling an immediate threat to operations or reputation, disaster recovery focuses on restoring IT and business operations after a disruption, and waiver of subrogation is an insurance clause that prevents the insurer from pursuing another party. None of those describe the dispute-resolution role that arbitration uniquely provides.