MCB ICM Round 1

MCB ICM Round 1

University

10 Qs

quiz-placeholder

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MCB ICM Round 1

MCB ICM Round 1

Assessment

Quiz

Other

University

Practice Problem

Hard

Created by

Niruthmi Wickremasinghe

Used 1+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mediation is a process which:

  Is always voluntary.

  

is forced by the other party

 

 Is always mandated by a court.

None of the above.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


The guidelines which mediators must follow are:


  Statutory in each state.

 

 Established by the FMA (Federal Mediation Act).

  

Mandatory, and mediators who violate the guidelines risk losing their license.

  

There are no formal guidelines.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After a settlement agreement is signed as a result of mediation, one party decides not to keep the promises made in that contract. The other party could:

  

Contact the mediator and seek recourse.

 

 Use "self-help" to compel the breaching party to perform.

  File a court claim.

  

Re-open the mediation.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of a mediator in a dispute resolution process?

  To impose a decision on the parties involved.

  To facilitate communication and negotiation between the parties.

 To represent one party's interests over the other.

To provide legal advice to the parties.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of mediation?

  To prolong the dispute.

  To escalate the conflict.

 To reach a mutually acceptable agreement.

To involve the court in the resolution process.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of confidentiality in mediation?

  Confidentiality is not important in mediation.

  Confidentiality only applies to certain types of disputes.

 Confidentiality promotes open and honest communication between the parties.

Confidentiality is only required if the mediator deems it necessary.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False?: "Mediation is always the preferred means of dispute resolution"

 

 TRUE, because it is cheap, easy, and flexible.

  

FALSE, because it is just one possible alternative to litigation, which itself might sometimes be the preferable route.

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