You and your organization believe that the services a vendor provided did not adhere to the statement of work contained in the procurement agreement. To deal with this dispute, your organization is considering mediation, arbitration, or possibly litigation. These options are examples of what?
A. Negotiated settlement
B. Teaming agreements
C. The most desirable ways to handle contract disputes
D. Methods of dealing with outstanding issues, claims, or disputes
The correct answer is D.
Litigation, mediation, and arbitration refer to methods used when negotiated settlements, the most desirable way to handle disputes, haven’t worked.
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