What is mediation? A. A voluntary process for dispute resolution that is non-binding on the parties
B. A course of action involving litigation and the courts
C. A method of dispute resolution involving the Florida Real Estate Commission
D. A formal dispute resolution process that is binding on the parties
What is mediation?
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The correct answer is: A. A voluntary process for dispute resolution that is non-binding on the parties.
Explanation: Mediation is a collaborative process where a neutral third party, called a mediator, assists the disputing parties in reaching a mutually acceptable agreement. It is voluntary, meaning both parties choose to participate, and the outcome is non-binding unless both parties agree to the terms, allowing for more flexibility and communication compared to litigation.