Which of the following is generally true about alternative dispute resolution (ADR)? O ADR has become...
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Which of the following is generally true about alternative dispute resolution (ADR)? O ADR has become less important in recent years as courts face a decrease in their caseloads The main objection to ADR is that it costs the parties more time and money than regular court procedures O Although ADR uses relatively informal procedures, all ADR methods require that the party deciding and/or assisting in the resolution of the dispute be a licensed attorney. O None of the above Question 17 2 pts The Vice Presidents of Reed & Barton, Corp ("R & B") and Ralph Lauren, Inc. ("RL") enter into a contract whereby R&B will make stainless steel service wear (forks, knives and spoons) for RL to sell under the RL name and logo. Both parties agree in the contract that if any dispute arises, before going to court, they will first submit the dispute to a neutral third party. The parties have agreed to which alternative method for resolving disputes? Which of the following is generally true about alternative dispute resolution (ADR)? O ADR has become less important in recent years as courts face a decrease in their caseloads The main objection to ADR is that it costs the parties more time and money than regular court procedures O Although ADR uses relatively informal procedures, all ADR methods require that the party deciding and/or assisting in the resolution of the dispute be a licensed attorney. O None of the above Question 17 2 pts The Vice Presidents of Reed & Barton, Corp ("R & B") and Ralph Lauren, Inc. ("RL") enter into a contract whereby R&B will make stainless steel service wear (forks, knives and spoons) for RL to sell under the RL name and logo. Both parties agree in the contract that if any dispute arises, before going to court, they will first submit the dispute to a neutral third party. The parties have agreed to which alternative method for resolving disputes?
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Answer The main objection to ADR is that it costs the parties more time and money than regular court ... View the full answer
Related Book For
The Legal Environment of Business A Critical Thinking Approach
ISBN: 978-0132664844
6th Edition
Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne
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