Question 1. Peak Performance Pontoons Inc. ("PPP Inc.") had just suffered through the 'Year of the Lawsuits. It had ended with a successful Small Claims Court lawsuit against Regional Sports Lid. on their overdue account. Rather than happy with the outcome, Benton Counter was frustrated when he met with Will Argue and received more bad news. By the time PPP Inc. attempted to_ (collect on its judgment), the owner of Regional Sports had gone into bankrupt. So, even though PPP Inc. were successful in court, it was a because there was no money to satisfy the amount owed. (1/2 mark for each blank) Counter threw up his hands and said, "Isn't there a better way to solve legal disputes than going to court?" Argue responded, "Solving commercial dispute by reference to ADR is preferrable to using the court system for numerous reasons." List five advantages of ADR that Argue mentioned: (1/2 mark each) Argue said, "There are also disadvantages, of course." List five disadvantages of ADR that Argue mentioned (12 mark each) and explain how two of those disadvantages have now been eliminated (2 mark each): Counter asked, "Can we just decide to do ADR instead of suing in court?" Argue replied, "No. You have to have a specifying that disputes should go first to and if that fails, then to binding "Okay, I'll get Sam Slick, my VP of Sales to specify ADR in our contracts. Argue interjected, "It's a little tricky. ADR is possible pursuant to a number of statutes. If the contract is between PPP Inc. and a BC business you should reference the . If you are dealing with a CUSMA country, you could specify and with any other foreign country you reference the There are other considerations, too. So, it would be a good risk management measure to have