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Dispute resolution refers to the various methods used to resolve conflicts between two or more parties in a peaceful and constructive way. These methods may include negotiations, mediation, arbitration, or litigation. The goal of dispute resolution is to find a mutually acceptable solution to the conflict, while avoiding the escalation of disputes that could lead to costly and time-consuming legal battles. The process of dispute resolution involves active listening, effective communication, and compromise to reach a satisfactory outcome for all parties involved.
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