NM General Contractor Practice Questions - New Mexico General Contractor Exam

Under the NASCLA guide, what is the difference between mediation and arbitration?

Mediation uses a neutral facilitator to help parties reach agreement; arbitration uses a neutral party who makes a binding decision They are the same process Mediation is binding; arbitration is non-binding Mediation is for criminal cases; arbitration is for civil cases

Correct Answer:

Mediation uses a neutral facilitator to help parties reach agreement; arbitration uses a neutral party who makes a binding decision

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