ENGLISH VERSION

Company A and Company B have entered into an agreement for the sale and

purchase of goods on February $1,2023.$ Based on the agreement, Company A must

deliver the goods ordered by Company B within the time period fixed between the two

parties for each transaction. After the delivery of goods is made by Company A$,$

Company B needs to make payment immediately within three working days.

For the first two transactions, delivery of goods and payment took place as agreed by

both parties. However, problems began to arise for the delivery of goods and payment

on the third occasion. Company A did not deliver the goods within the stipulated time,

while Company B refused to make the payment as promised. Company A has tried its

best to explain the reason for the delay in delivery of the goods. However, Company

B refused to listen to the reasons.

Now, both parties are in a tense situation and their relationship is also affected.

Company A is not sure about the mechanism that can be used to resolve the conflict

between them. If possible, Company A does not want their conflict to be brought to

court to be resolved because the matter will affect both parties. Therefore, Company

A asks for your help in suggesting the best conflict or dispute resolution mechanism

that they can use.

Advise Company A on the two dispute resolution mechanisms that can be used to

resolve the dispute or conflict in this case by explaining the advantages and

disadvantages of the two dispute resolution mechanisms.

$(40$ marks$)$