Dispute select independent arbitrator

Assignment Help Business Management
Reference no: EM133134514

QUESTION 1.

In arbitration, the parties to the dispute select an independent arbitrator who hears evidence from both parties and decides how the dispute should be resolved. In civil litigation, a judge or jury hears the evidence from both parties and decides how the dispute should be resolved. What are the differences between arbitration and civil litigation? Why is one approach better than the other approach to resolving disputes?

QUESTION 2.

One source of law in the United States is case law, sometimes called common law, which is based on the decisions of courts. The decision of a court resolves the dispute in the particular case that is in the court, but how can decisions of courts create a source of laws that apply beyond the case in which the decision was rendered?

Reference no: EM133134514

Questions Cloud

Flotation costs : Thinking about the definition of the term "flotation costs," should we expect the flotation costs for debt to be significantly lower than those for equity?
Discuss what you think about value of compounding interest : Discuss what you think about the value of compounding interest. Is it useful in long term accounts? Should financial institutions compound interest
Alternative dispute resolution : Civil litigation and arbitration (one of the forms of alternative dispute resolution) are similar in the approach that they use to resolve legal disputes.
Calculate profit margin and gross profit rate : Novak Corp. reported net sales of $265,000, cost of goods sold of $159,000, Calculate profit margin and gross profit rate
Dispute select independent arbitrator : The parties to the dispute select an independent arbitrator who hears evidence from both parties and decides how the dispute should be resolved.
Compute the return on investment for each division : Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover
Ournal business law : In the grand scheme of things, the Constitution is important, but does the Constitution affect your daily business life? How does it, and should it?
Financial position be after stock split : What will my financial position be after the stock split, compared to my current position? what will be my net gain from the split?
How much is the net profit of the trader : The spot exchange rates in the market are: Yen 65.4213/SF, Yen 80.6524/C$,and SF1.1678/CS. How much is the net profit of the trader

Reviews

Write a Review

Business Management Questions & Answers

  How to implement a change management plan

Change Management: How to Implement a Change Management Plan for Sustained Results.

  Contemporary business example

Describe what an ethical dilemma is and include a contemporary business example (Adani's CARMICHAEL Coal Mine) of how this dilemma reinforces the quote

  Difference between concept map and mind mapping

What is the difference between concept map and mind mapping?

  How each one fits into risk management strategy

Describe the purposes and benefits of each one, the challenges involved in creating each one, and how each one fits into a risk management strategy

  Select an industry of your choice as well as determine how

Select an industry of your choice as well as determine how ethical behaviour and social responsibility could benefit such an industry

  Human dependence on technology

What are some long-term brain changes that could occur due to human dependence on technology?

  Calculating average abandonment

What information does calculating average abandonment provide you with?

  Attach copy of assignment

Just a shot in the dark here, but I need help on an assignment in C that takes command line arguments and puts them into 2D arrays

  Strategic plan and an operational plan

What is the difference between a strategic plan and an operational plan?

  Quantity demanded of the good

What is the entire relationship between the price of the good and the quantity demanded of the good?

  Floating rate system more inflationary than a fixed rate

Is a floating rate system more inflationary than a fixed rate system? Explain.

  How you think these sub-climates affect political climate

Describe at least two "pockets of politics" that you believe exist in your organization or in an organization with which you are familiar. Explain how you think these sub-climates affect the political climate of the organization

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd