The difference between mediation and arbitration is?
A) mediation is similar to a trial in that the mediator will make a decision that will be binding on the parties
B) arbitration is like a trial in that the arbitrator will make a decision that will be binding on the parties
C) there is no difference between the two; they are different names for the same process called Alternate Dispute Resolution (ADR);
D) only a judge can be a mediator while anyone can be an arbitrator
B
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Variable cost does not include:
A) raw materials and resources. B) staff and management salaries. C) material handling and freight. D) direct labor and packaging.
Lucy agrees to work for Mung Manufacturing, Ltd., as a Chinese/ English/ French translator. In determining whether a contract has been formed, an element of prime importance is A) the parties' intent
B) Mung's base of operations. C) the duration of the work. D) Lucy's language capabilities.
A statute prohibiting abortion except in specified situations could be determined to be either constitutional or unconstitutional by
a. legislative research during the enactment process. b. high court review immediately following enactment. c. judicial review and decision as a result of an aggrieved person's appeal. d. declaratory judgment rendered by the U.S. Supreme Court.
Kareem's office building is destroyed by fire on April 11, 2018. Settlement is reached with the insurance company on November 1, 2018 when he receives a check for $900,000. The property had recently been appraised for $920,000. Kareem's adjusted basis in the building was $800,000.
Kareem's office building is destroyed by fire on April 11, 2018. Settlement is reached with the insurance company on November 1, 2018 when he receives a check for $900,000. The property had recently been appraised for $920,000. Kareem's adjusted basis in the building was $800,000.