“(BUS& 201, Business Law, Hatsta)
Assignment:
LearnSmart Assign, Ch 4
Introduction
Alternative Dispute Resolution
Read the
overview below and complete the activities that follow.
Many businesses and companies use alternative dispute resolution (ADR) to resolve their legal
issues. Organizations often use ADR to resolve disputes involving contracts,
insurance, labor, the environment, securities, technology, and international
trade. The following exercise requires you chose the correct method of ADR used
in some specific situations that business owners or managers may be confronted
with. In doing so, you should become more familiar with the various types of
ADR and how each type is used in business situations.
CONCEPT REVIEW:
The term ADR refers to the resolution of legal disputes through methods other
than litigation, such as negotiation, mediation, arbitration, summary jury
trials, minitrials, neutral case evaluations, and private trials. A business
might prefer to resolve a dispute through ADR rather than litigation because
ADR methods are generally faster and cheaper than litigation. Also a business
may wish to avoid the uncertainty associated with a jury decision; many forms
of ADR give the participants more control over the resolution of the dispute. A
business may also wish to avoid setting a precedent through a court decision.
Thus, many businesses prefer ADR because of its confidential nature and because
many forms of ADR are less adversarial than litigation and the parties are able
to preserve a business relationship.
Click And Drag
Review the
section in your textbook discussing alternative forms of dispute resolution.
Drag each scenario to the appropriate ADR method in the boxes. If you need a
hint, roll over each box to reveal a clue.(BUS& 201, Business Law, Hatsta)Assignment: LearnSmart Assign, Ch 4Read the
overview below and complete the activities that follow.Many businesses
and companies use alternative dispute resolution (ADR) to resolve their legal
issues. Organizations often use ADR to resolve disputes involving contracts,
insurance, labor, the environment, securities, technology, and international
trade. The following exercise requires you chose the correct method of ADR used
in some specific situations that business owners or managers may be confronted
with. In doing so, you should become more familiar with the various types of
ADR and how each type is used in business situations.
CONCEPT REVIEW:
The term ADR refers to the resolution of legal disputes through methods other
than litigation, such as negotiation, mediation, arbitration, summary jury
trials, minitrials, neutral case evaluations, and private trials. A business
might prefer to resolve a dispute through ADR rather than litigation because
ADR methods are generally faster and cheaper than litigation. Also a business
may wish to avoid the uncertainty associated with a jury decision; many forms
of ADR give the participants more control over the resolution of the dispute. A
business may also wish to avoid setting a precedent through a court decision.
Thus, many businesses prefer ADR because of its confidential nature and because
many forms of ADR are less adversarial than litigation and the parties are able
to preserve a business relationship.Review the
section in your textbook discussing alternative forms of dispute resolution.
Drag each scenario to the appropriate ADR method in the boxes. If you need a
hint, roll over each box to reveal a clue.”



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