able to attend the trials and court hearing whereas on the other hand, arbitration willonly involve an arbitrator and the parties involved. Those who are not involved willnot be allowed to be present. Arbitration often comes to an outcome that will bedecided by the arbitrator [ CITATION HRc \l 1033 ]. Arbitration is less costly ascompared to litigation. It also takes shorter duration for the dispute to be resolvedlegally. However, if the decision has already been made by the arbitrator, it will behard to change the outcome of the verdict. Unlike litigation, appeals are not allowedin arbitration. Mediation is the simplest way to resolve a dispute. It involves a legalprofessional mediator to come into the dispute and to differentiate all the differencesin the stands of the parties. For mediation, the parties make their own decisions anddetermine how the outcome will be like unlike arbitration, verdict is made by thearbitrator. The mediator usually suggests an outcome which will be beneficial to all
parties without the need of going through litigation or arbitration. Mediation costs waycheaper than litigation and arbitration. It is also less time consuming as compared tothe other two methods. However, if the opposing party refuses to cooperate,mediation would not be able to be done. Mediation requires all parties tocompromise and cooperate to work things out with the mediator for the best outcomethat benefits all parties. Hence, all cases should be discussed with the terms to acontract properly stated and signed to reduce the amount of trouble to go throughcourt.
ReferencesBall, J. (2014, January 10). Hyde v. Wrench . Retrieved from Webstroke Law: LLB, L. E. (2012, October 25). Carlill v Carbolic Smoke Ball: A Case Study. Retrieved from Contracts & Agreements: -study.htmlKoh, P., Tham, C., & Lee, P. (2015, April 30). Commercial Law. Retrieved from Singapore Academy of Law: -singapore/commercial-law/chapter-8#section6Koh, P., Tham, C. H., & Lee, P. W. (2015, April 30). Commercial Law. Retrieved from Singapore Academy of Law: -singapore/commercial-law/chapter-8Kansal, V. (2013, January 17). Nash v. Inman. Retrieved from Wordpress: Law Teacher. (2013, November). Redgrave v Hurd (1881) 20 Ch D 1. Retrieved fromLaw Teacher: Stone, R., & Devenney, J. (2017). The Modern Law of Contract.Routledge.Stone, R. (2009). Q&A Contract Law 2009-2010.Routledge.Staff, F. (n.d.). What Is Litigation?Retrieved from Free Advice: HR.com. (n.d.). What is Arbitration?Retrieved from Mediate:
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