Under the PAR Agreement of Sale, the agreement includes a mediation clause for resolving disputes before litigation. If both parties agree to mediate, what is the nature of the mediation outcome?
Correct Answer
C) Mediation results in a non-binding recommendation that the parties may accept or reject
Mediation under the PAR Agreement of Sale is a non-binding process. The mediator facilitates discussion and may make recommendations, but the parties are not legally bound to accept the mediator's suggestions. If mediation fails, the parties may pursue other remedies.
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