Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Arbitration, Tribunal Adjudication and Alternate Dispute resolution

Question:

Assertion (A): Mediation is more formal than arbitration or litigation but less formal than negotiation.
Reasoning (R): Unlike litigation and similar to arbitration, mediation is relatively inexpensive, fast, and confidential.

Options:

Both A and R are correct and R is the correct explanation of A.

Both A and R are correct and R is not the correct explanation of A.

A is correct but R is false.

A is false but R is correct.

Correct Answer:

A is false but R is correct.

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.