High-dollar dispute arises with significant vendor

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Reference no: EM132282720

1. Assume you are the owner/operator of a business, and a high-dollar dispute arises with a significant vendor or customer. You suspect litigation may be the only resolution to the dispute. After reading about the alternatives to litigation, would you be willing to try (a) negotiation, (b)mediation, and/or (c) arbitration before filing a lawsuit? Why or why not?

2. Carlson invented a new valve for natural gas pipelines, and sold his drawing to pipeco, a manufacturer of such items. a dispute arose before agreed to ADR. what woukd lie behind this mutual aversion to court procceedings?

Reference no: EM132282720

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