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Question 1 Explain the rationale for closing temporary accounts. Question 2 What are the major procedural rules governing the civil litigation process? What are the

Question 1

Explain the rationale for closing temporary accounts.

Question 2

What are the major procedural rules governing the civil litigation process?

What are the ways disputes in standard business transactions can be resolved?

What are the advantages and disadvantages of the types of alternative dispute resolution you learned from the reading material this week (arbitration, mediation, and negotiation)?

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