Arbitration and mediation results don't provide direct _____.

Arbitration and mediation results don't provide direct _____.

• A. Remedy
• B. Damages
• C. Precedent
• D. Contract

Answer: (C)

Arbitration and mediation are private dispute-resolution methods that settle a specific disagreement between the parties. Because they’re confidential and nongovernmental, their results don’t establish formal, binding guidance for other cases. In other words, they don’t create precedent that future disputes can rely on as a rule of law or standard practice. While arbitration can yield remedies or damages for the parties or produce a settlement that becomes a contract between them, these outcomes are limited to the particular dispute and don’t serve as public precedent for others.

Arbitration and mediation are private dispute-resolution methods that settle a specific disagreement between the parties. Because they’re confidential and nongovernmental, their results don’t establish formal, binding guidance for other cases. In other words, they don’t create precedent that future disputes can rely on as a rule of law or standard practice.

While arbitration can yield remedies or damages for the parties or produce a settlement that becomes a contract between them, these outcomes are limited to the particular dispute and don’t serve as public precedent for others.