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Your good friend, Susan, is involved in a contentious contractual dispute with a former business partner. After years of litigation, Susan's lawyer recommended scheduling an
Your good friend, Susan, is involved in a contentious contractual dispute with a former business partner. After years of litigation, Susan's lawyer recommended scheduling an arbitration. Susan knows you are taking Business Law, and has asked you what the advantages are for attending an arbitration. Based on what you have learned from your Business Law textbook, which of the following would NOT be an advantage of arbitration that you would tell Susan about? Select one: O a. You and the other party will have the ability to select an arbitrator that has expertise in contractual disputes. u b . The arbitration process is structured in a way that makes it easier for the parties to maintain an ongoing relationship after a decision is reached. c. You will likely be able to get a decision quicker than if you continued working towards trial. d. You will get closure, since the arbitrator will make a decision that is binding on the parties. Kiko's lawyer was successful in representing Kiko in her Alberta Court of Queen's Bench trial, securing a judgment of $800,000. The Justice also awarded Kiko costs based on Schedule "C" of the Alberta Rules of Court, Alta Reg 124/2010. Based on the foregoing, how much will Kiko receive in Schedule "C" costs for the amount of time her lawyer spent preparing for trial? Select one: a. $4,000. b. $8,000. c. $6,000. O d. $10,000
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