A party with whom you have a contract relationship has sued you. The contract between the two of you includes an arbitration clause. Which of the following statements is true?

a. If the party sues on a contract with an arbitration clause they are deemed to forfeit the dispute.
b. Because one of the parties began the judicial process the judicial process must be completed before any arbitration can proceed.
c. If the party sued rather than began the arbitration, the case can no longer be arbitrated.
d. You have options. You could either answer the lawsuit and continue in litigation or make a motion to the court to compel arbitration.


d

Business

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The task of locating and transferring an existing record from the database for processing is called data ____________________

Fill in the blank(s) with correct word

Business

The population is a group of items in an account balance that the auditor wants to test

a. True b. False Indicate whether the statement is true or false

Business

Basic bank services such as bank accounts, bank deposits, and checking contribute to the control of cash.

Answer the following statement true (T) or false (F)

Business

Which of the following is LEAST likely an example of customer service?

A. Next-day delivery B. Free gift wrapping C. Five-year warranty D. Covered parking E. Wholesale price

Business