Assume That Derek Jeter and the Steinbrenner Family, Owners of the New

Multiple Choice

Assume that Derek Jeter and the Steinbrenner family, owners of the New York Yankees, are involved in a controversy over the amount that Jeter is to be paid during the next contract term. They agree to submit the question to a neutral third party and to be bound by the decision of that person. This is known as:

A) Mediation.
B) Arbitration.
C) Compromise.
D) ARM.
E) None of the above.