Question

    “A legal mechanism used to resolve disputes through the aid of a neutral third party given the authority of making a legally binding decision.” Is:

    A Arbitration Correct Answer Incorrect Answer
    B Conciliation Correct Answer Incorrect Answer
    C Negotiation Correct Answer Incorrect Answer
    D Counselling Correct Answer Incorrect Answer
    E Either b or c Correct Answer Incorrect Answer

    Solution

    It is the concept of Arbitration. Alternative dispute redressal mechanism is now a days prevalent and is also discussed under part 5 of CPC.

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