Settlements - Alternative Dispute Resolution

Settlements - Alternative Dispute Resolution

Assessment

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Business, Social Studies

University

Hard

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A settlement is a legal resolution of a dispute between parties, either before or during litigation. It involves negotiating and reaching a conclusion, often formalized through contracts that prevent further litigation. If litigation has begun, settlements can be submitted to the court for affirmation, resulting in a judgment that certifies the agreement. This process ensures the dispute is resolved legally and conclusively.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is a settlement in the context of litigation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do parties typically arrive at a settlement?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What legal mechanisms are often involved in a settlement?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What happens if litigation has already started when a settlement is reached?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the court play in affirming a settlement?

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