Question: Which Which alternative dispute resolution procedure does the following statement describe? Any dispute over $10,000 but less than $50,000 shall be subject to mediation followed

Which Which alternative dispute resolution procedure does the following statement describe? Any dispute over $10,000 but less than $50,000 shall be subject to mediation followed by binding arbitration by a single arbitrator.

Mediation settlement with graduated processes

Binding mediation and arbitration with graduated processes

Arbitration award with graduated processes

Non of the above

My answer for this is: Binding mediation and arbitration with graduated processes

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