BUS 201 Chapter 4 Quiz

Question 1. Which of the following differentiates an arbitration proceeding from a trial? The absence of official written records of the hearing The use of legal counsel by the parties involved The outcome of the hearing is legally binding The presence of a neutral third party at the hearing 2. Red Resource Inc. and Coral Techno Inc. are in a dispute over a contract. They decide to use a form of alternative dispute resolution (ADR) to settle the dispute. Both the parties, along with their respec...

Question 1. Which of the following differentiates an arbitration proceeding from a trial? The absence of official written records of the hearing The use of legal counsel by the parties involved The outcome of the hearing is legally binding The presence of a neutral third party at the hearing 2. Red Resource Inc. and Coral Techno Inc. are in a dispute over a contract. They decide to use a form of alternative dispute resolution (ADR) to settle the dispute. Both the parties, along with their respec...