Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Arbitration, Tribunal Adjudication and Alternate Dispute resolution

Question:
Which of the following is the least formal form of Alternate Dispute Redressal Mechanism?
Options:
Mediation
Negotiation
Arbitration
Litigation
Correct Answer:
Negotiation
Explanation:
Mediation is more formal than negotiation but less formal than arbitration or litigation. Unlike litigation and similar to arbitration, mediation is relatively inexpensive, fast, and confidential.