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Arbitration and Negotiation Differences

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Select a contract dispute. Compare and contrast two forms of contract dispute resolution, such as mediation, arbitration, negotiation, peer-review, and mediation-arbitration. Of these two alternative dispute resolution techniques, which would be the preferred vehicle for resolution? Provide your rationale.

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The solution gives 207 words to contrast and compare arbitration and negotiation as means of settling contract disputes.

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In a contract dispute between a professional fighter and his promoter nearing the end of their contract, the fighter seek to renegotiate his contract with the promoter, as a prerequisite for the fighter renewing his contract with this promoter at the end of the contracted period. Arbitration is a means ...

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  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
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