Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements is TRUE? Even if the parties submit their dispute to binding arbitration, a court may become involved in the enforcement

Which of the following statements is TRUE?

Even if the parties submit their dispute to binding arbitration, a court may become involved in the enforcement of the arbitrator's decision.

Mediation is normally binding unless the parties agree otherwise.

ADR stands for "additional decision resolution." ADR is usually used in criminal law, particularly mediation by the police.

The process of negotiation tends to correct any imbalance in bargaining power, and therefore is usually preferred if one party is a consumer and the other is a large corporation.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Business Law and Its Environment

Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge

9th edition

1285427041, 978-1285427041

More Books

Students also viewed these Law questions

Question

How do firms estimate the demand for labor?

Answered: 1 week ago

Question

6. How can a message directly influence the interpreter?

Answered: 1 week ago