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Unformatted text preview: Chapter 3- Legal Representation and Alternative Dispute Resolution T RUE-F ALSE Q UESTIONS 1. Most lawsuits go to trial. 2. In mediation, a mediator makes a decision on the matter in dispute. 3. A party to an arbitration agreement may never be compelled to arbitrate a dispute. 4. The jury verdict, in a summary jury trial, is binding. 5. A major similarity between negotiation and mediation is that no third parties are involved. 6. In binding arbitration, an arbitrator’s decision is usually the final word. 7. In court-annexed arbitration, an award is final. 8. The goal of arbitration is to come to a resolution that benefits both sides in a dispute. 9. A losing party may appeal an arbitrator’s award to a court. 10. ADR resolves disputes by any method other than litigation. M ULTIPLE-C HOICE Q UESTIONS 1. Carol files a suit against Don. Before going to trial, the parties meet with their attorneys to represent Carol files a suit against Don....
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This note was uploaded on 02/27/2011 for the course ACCT 2050 taught by Professor None during the Spring '11 term at Algoma University.
- Spring '11
- Managerial Accounting