What are the Advantages of Alternative Dispute Resolution

What are the Advantages of Alternative Dispute Resolution

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Business, Social Studies

University

Hard

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Alternative Dispute Resolution (ADR) offers several advantages over traditional litigation. It provides parties with more control, is typically faster and cheaper, and involves experts rather than a jury. ADR can also keep proceedings private and help maintain business relationships, unlike litigation, which can be costly, lengthy, and combative.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main advantages of alternative dispute resolution over litigation?

It guarantees a faster resolution than any other method.

It always results in a win-win situation.

It is always free of charge.

It allows parties more control over the process.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might parties prefer a fact finder in arbitration over a jury?

A fact finder is always cheaper than a jury.

A fact finder is chosen for their expertise in the subject matter.

A fact finder can make decisions faster than a jury.

A jury is not allowed in arbitration.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does alternative dispute resolution maintain privacy compared to litigation?

ADR requires all parties to sign a non-disclosure agreement.

ADR can be kept out of public records, unlike court cases.

ADR processes are always conducted in secret locations.

ADR results are published in a private journal.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what way can alternative dispute resolution help maintain business relationships?

By involving more parties in the decision-making process.

By making the process more competitive.

By reducing the time and cost involved, preventing relationship strain.

By ensuring one party always wins.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential downside of civil litigation compared to ADR?

It is always less expensive.

It can be more combative and damage relationships.

It guarantees a faster resolution.

It is more private than ADR.