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The three modes of settlement are negotiation, mediation, and litigation. Negotiation involves parties directly engaging in discussions to reach a mutually acceptable agreement. Mediation involves the assistance of a neutral third party who helps facilitate discussions and guide the parties toward a resolution. Litigation involves taking the dispute to court, where a judge or jury determines the outcome based on the evidence and arguments presented.

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5mo ago
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10y ago

period of time after the annuitant's death

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Q: What are the three modes of settlement?
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