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Quiz

conaucive to the successtul use ot ALK?

The dispute is minor, and the parties are willing to invest time and resources in a lengthy litigation process.

The parties have no interest in maintaining their business relationship.

The parties are eager to escalate the dispute and take it to court for a definitive judgment.

The dispute is complicated, and the parties value a quick resolution to save costs and time.

Question $8(1$ point$)$

Two parties in a business dispute are considering alternative dispute resolution $($ADR$)$ methods. One party prefers a more collaborative approach, while the other seeks a binding decision. What ADR method is suitable for their situation?

Arbitration

Litigation

Mediation

Conciliation