Under the terms of a contract between a supplier and a retailer, disputes concerning coverage were to be submitted to a three-member board, which would render a decision. One member of the board was selected by the retailer, and one by the supplier. Those two members then selected the third. What type of ADR is this?
a. Negotiation
b. Mediation
c. Arbitration
d. Litigation
c
Business
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Revenues increase owner's equity; therefore, they should always be recorded directly on the credit side of the owner's capital account
Indicate whether the statement is true or false
Business
Which of the following methods uses the time value of money for capital investment analysis?
A) Average investment B) Net present value method C) Payback method D) Accounting rate-of-return method
Business
__________ is the price one would will be willing to pay for acquiring an additional unit of a resource.
a. Final cost b. Reduced cost c. Shadow price d. Single price
Business
Generally, how does one become a lawyer?
What will be an ideal response?
Business