Formal Arbitration includes each of the following EXCEPT.

Group of answer choices

Binding Arbitration

Informal ADR

Expert Evaluation

Non-Binding Arbitration

Mediation

In order to assert the "trade secret" privilege in response to discovery demand, the party asserting the privilege must show that the requested business information (1) took several years to create; (2) represents one of the companies' most valuable assets and (3) access to the information is very narrowly limited.**

Group of answer choices

True

False

The Federal Arbitration Act (FAA) is a statute that requires state and federal courts to enforce arbitration awards. This generally means that courts must enforce arbitration clauses in contracts involving commercial transactions unless there is reason based in "contract law" to not enforce the clause.

Group of answer choices

True

False

Successfully establishing standing means that the relevant party:(1) has suffered a harm or an injury in fact; (2) the harm is direct, concrete,andindividualized; and (3) that there is an appropriatelegal remedy to redress harm.

Group of answer choices

True

False