Podcast
Questions and Answers
What is the key difference between mediation and conciliation?
What is the key difference between mediation and conciliation?
- The time taken for dispute resolution
- The number of parties involved
- The legal enforceability of the settlement agreement
- The role of the neutral third party (correct)
When does a settlement agreement become final and binding on the parties?
When does a settlement agreement become final and binding on the parties?
- When a mediator facilitates discussion between parties
- When litigation is avoided
- When the conciliator suggests potential solutions
- When the parties have signed the settlement agreement (correct)
What is the primary purpose of conciliation?
What is the primary purpose of conciliation?
- To force parties to reach an agreement
- To appoint a neutral third party
- To settle disputes without litigation (correct)
- To provide a platform for legal enforcement
What happens if the parties reach agreement on the settlement of a dispute?
What happens if the parties reach agreement on the settlement of a dispute?
What is the role of a conciliator in resolving disputes?
What is the role of a conciliator in resolving disputes?