Unformatted text preview: decided by the state courts. 6. When may a court exercise jurisdiction over a party whose only connection to the jurisdiction is via the Internet? When the amount of business the party conducts over the internet with parties within the court’s area is sufficient. 7. How does the process of negotiation work? In negotiation, parties come together informally to try to resolve their differences without involving third parties. 8. What is the principal difference between negotiation and mediation? A third party is present in mediation who proposes solutions to the problem; there is no third party in a negotiation. 9. What is arbitration? Arbitration involves a third party- an arbitrator- who decides the dispute. The decision may be legally binding if the parties agree. 10. What kinds of disputes may be subject to arbitration? Employment contracts, virtually any commercial matter...
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This note was uploaded on 04/24/2010 for the course BLAW 3201 taught by Professor Fry during the Spring '08 term at LSU.
- Spring '08
- Business Law