Please help me with the following question and make sure your answer is correct.
1. Rosie and Donald have been involved in a dispute for quite some time. They finally decided to try and resolve their matter out of court to avoid negative publicity. In a formal setting, they presented their evidence supporting their respective side and the neutral third party, a retired judge, made a binding decision in the matter. This best represents:
A. Negotiation
B. Mediation
C. Arbitration
D. Intervention
The correct answer is option C
Explanation : - Arbitration is considered as an effective alternative commercial dispute resolution process that is available to parties outside of court. When parties uses arbitration dispute resolution process, they make use of professional neutrals such as a judge to reach an agreement. The decision of the professional neutral is binding and parties cannot go back and withdraw from the proceedings. Therefore an arbitration is somewhat similar to a court trial but it is cost effective, highly flexible and less time consuming than a court trial.
Please help me with the following question and make sure your answer is correct. 1. Rosie...
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TRUE/FALSE ___1. A reference to “RCW 4.12.020" means that a statute can be found on page 12 of volume 4 of the Revised Code of Washington, part 20. ___2. The United States Congress has adopted one particular approach to ethics, and made it a part of the United States Code; all United States businesses must follow only those statutes in the United States Code, and are not allowed to determine what their businesses’ approaches to ethics will be. ___3. An...
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