Many businesses and companies use alternative dispute resolution (ADR) to resolve their legal issues. Organizations often...
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Many businesses and companies use alternative dispute resolution (ADR) to resolve their legal issues. Organizations often use ADR to resolve disputes involving contracts, insurance, labor, the environment, securities, technology, and international trade. The following exercise requires you chose the correct method of ADR used in some specific situations that business owners or managers may be confronted with. In doing so, you should become more familiar with the various types of ADR and how each type is used in business situations. The term ADR refers to the resolution of legal disputes through methods other than litigation, such as negotiation, mediation, arbitration, summary jury trials, minitrials, neutral case evaluations, and private trials. A business might prefer to resolve a dispute through ADR rather than litigation because ADR methods are generally faster and cheaper than litigation. Also a business may wish to avoid the uncertainty associated with a jury decision; many forms of ADR give the participants more control over the resolution of the dispute. A business may also wish to avoid setting a precedent through a court decision. Thus, many businesses prefer ADR because of its confidential nature and because many forms of ADR are less adversarial than litigation and the parties are able to preserve a business relationship. Review the section in your textbook discussing alternative forms of dispute resolution. Drag each scenario to the appropriate ADR method in the boxes. If you need a hint, roll over each box to reveal a clue. Businesses Facilitate communication Negotiation Summary Jury Trial Move to another Meet informally Mediation Minitrial Pay a referee Not to litigate Arbitration Early Neutral Case Evaluation One day trial A neutral third party Med-Arb Private Trial Many businesses and companies use alternative dispute resolution (ADR) to resolve their legal issues. Organizations often use ADR to resolve disputes involving contracts, insurance, labor, the environment, securities, technology, and international trade. The following exercise requires you chose the correct method of ADR used in some specific situations that business owners or managers may be confronted with. In doing so, you should become more familiar with the various types of ADR and how each type is used in business situations. The term ADR refers to the resolution of legal disputes through methods other than litigation, such as negotiation, mediation, arbitration, summary jury trials, minitrials, neutral case evaluations, and private trials. A business might prefer to resolve a dispute through ADR rather than litigation because ADR methods are generally faster and cheaper than litigation. Also a business may wish to avoid the uncertainty associated with a jury decision; many forms of ADR give the participants more control over the resolution of the dispute. A business may also wish to avoid setting a precedent through a court decision. Thus, many businesses prefer ADR because of its confidential nature and because many forms of ADR are less adversarial than litigation and the parties are able to preserve a business relationship. Review the section in your textbook discussing alternative forms of dispute resolution. Drag each scenario to the appropriate ADR method in the boxes. If you need a hint, roll over each box to reveal a clue. Businesses Facilitate communication Negotiation Summary Jury Trial Move to another Meet informally Mediation Minitrial Pay a referee Not to litigate Arbitration Early Neutral Case Evaluation One day trial A neutral third party Med-Arb Private Trial
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Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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