Consider again Acme, Inc, the company discussed in the first two modules. As noted in the two
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Question:
As a way to lessen the risks posed by these forms of litigation, Acme is considering putting arbitration clauses in its contracts with suppliers, customers, and employees.
Acme is very interested in the potential that these clauses might have to reduce costs and improve litigation outcomes for Acme.
Questions
How arbitration differs from litigation
What advantages arbitration might provide over the courts for Acme
What kinds of risks (if any) the use of arbitration clauses might pose for Acme.
Whether you would recommend the inclusion of arbitration clauses by Acme in some or all of the contracts it has with suppliers, customers, and employees.
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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