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101.Award: 1.00 point89. Which of the following statements represents a reason why parties would choose to mediate adispute rather than litigate it?Mediation is more costly than litigation, and attorneys like to refer cases to mediation toincrease their fees.Mediation is more time consuming than litigation, and the parties choose to mediate whenthey want to prolong their dispute.Judicial oversight of a mediation is higher than it is in litigation.Mediation generally results in an award that benefits one party and punishes another.Mediation is less costly and time consuming than litigation and allows parties to negotiatein a result that might benefit both parties.Feedback: Parties can agree to mediate a dispute as an alternative to litigation. Mediation isgrowing in popularity because it is more cost and time effective than litigation. It also has lessoversight from the legal and judicial system, and it allows the parties to negotiate a more interest-based result.ReferencesMultiple ChoiceLearning Objective:05-03 To evaluatethe various forms ofADR systems so thateﬃcient choices canbe made as to the