In business disputes, one of the primary advantages of mediation is that it: determines who is right and who is wrong. always results in a resolution of the dispute that gives each party what it wanted as a result of the dispute. can allow the businesses to maintain their working business relationships. sets a precedent for future dealing between the parties.What is the common law? The laws involving the rights and responsibilities in the relationships between private persons and private business organizations State laws that apply to all citizens of the state Laws that involve disputes between private individuals The collection of legal interpretations of laws made by judges in the cases that they decide

The one of the major advantage to mediation is that, since both parties participate in resolving the…

Answered: In business disputes, one of the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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In business disputes, one of the primary advantages of mediation is that it:

		determines who is right and who is wrong.
		always results in a resolution of the dispute that gives each party what it wanted as a result of the dispute.
		can allow the businesses to maintain their working business relationships.
		sets a precedent for future dealing between the parties.

What is the common law?

		The laws involving the rights and responsibilities in the relationships between private persons and private business organizations
		State laws that apply to all citizens of the state
		Laws that involve disputes between private individuals
		The collection of legal interpretations of laws made by judges in the cases that they decide

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