Duration 34 Donna has been informed by her lawyer about Alternative Dispute Resolution (ADR)With regards to ADR. Choose the answer which contains information that is CORRECT: Not yet Select one: Marked out of 1.00 F Flag question a. There is a right of appeal following mediation or negotiation b. The parties may jointly appoint a neutral third party to act as a mediator. The mediator's goal is to impose a decision or settlement upon the parties c. If confidentiality is important to the parties, they should not consider ADA because it is less private than Itigation in the courts. d. The parties may attempt to negotiate a settlement of their dispute through negotiation. If the partie note the dispute ard reach an agreement, a party in default under the agreement can be sued in the courts. Question 35 To carry out a garnishment or a seizure, the creditor must have information about the assets and income of the debtor, Which one of the following statements about collecting this information is TRUE? Not yet urowered Marked out of 1.00 P Flag question Select one: a. A statutory declaration, called the "Financial Statement of Debtor", is used to force the enforcement debtor to disclose information as to his assets and earnings. b. The creditor may simply register her Certificate of Judgment and a Writ of Enforcement, and wait. The Clerk of the Court then interviews the debtor to ascertain what assets can be seized and what monies can be garnished c. If the debtor is served with a statutory declaration, called the 'Disclosure of Records', she must complete the document, declare it in front of a Commissioner for Oaths and attend at the Law Courts to be questioned within the time set by the relevant law. d. A court reporter questions the entorcement debtor at an Examination in Ald of Enforcement in front of a judge. This process allows for the determination of the debtor's assets and income, which may then be subject to gamishment of seizure. ervant d. A court reporter questions the enforcement debtor at an Examination in Ald of Enforcement in front of a judge. This process allows for the determination of the debtor's assets and income, which may then be subject to gamishment of seizure on 36 Which one of the following statements about forms of business organization is FALSE? ud Fout of Select one: a. Both sole proprietors and partners face unlimited personal liability. b. Registration is required to create limited partnerships and limited liability partnerships c. Ordinary partnerships are vicariously liable for the wrongs committed by their employees d. A sole proprietor is exempt from laws governing business licences and income tax. 37 Which of the following comparisons of business organizations contains an incorrect assertion? out of Select one: a. Sole proprietorships and corporations can each by owned by one person. b. Corporations, like societies, are separate legal entities that can enter contracts and own assets in their own name. c. Limited partnerships are similar to corporations in that all partners, limited and general, and all shareholders enjoy limited liability d. One thing that sole proprietorships and partnerships have in common is that the individuals involved face personal liability for the business's debts. 38 Which of the following is a disadvantage of operating as a sale nontieteshin
