Reference no: EM131322891
The questions are designed to probe the higher levels of thinking and learning such as analyzing, evaluating, and creating, and so there often are no correct answers. Instead of focusing and who wins or loses the case, you should analyze, evaluate, and create alternative solutions to the various issues presented while arguing and debating the connections between business, law, politics, and ethics.
Terminal Course Objectives: A and G
Video Case Study: Judicial, Alternative, and E-Dispute Resolution - Arbitrators Favoring Creditors
https://media.pearsoncmg.com/ph/streaming/bp/2013/business_law/BLaw2013_Jud_Alt.html
Watch the video case study and then write a one- to two-page reflective paper (double-spaced) on the following questions while discussing the connections between business, law, politics, and ethics.
One: What is the difference between arbitration and litigation? What steps in the litigation process are missing in arbitration?
Two: If the parties to arbitration instead went to court, discuss the steps that the parties would have to take in order to go to trial.
Three: The story talked about repeat players-companies that end up in arbitration repeatedly over time. Because arbitrators are selected by a negotiation between the two parties in the arbitration, this story indicates they are more likely to find for these repeat players. Discuss the ethics of this conflict of interest and what might be done to overcome the problem.
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Applications of selected analytical techniques
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