
Case Summary: A person S purchased a video security system using a smartphone from the company named T, located in another state. The system arrived after one month from the projected delivery date. Further, the system was not functioning as it was advertised and was of poor quality. S filed a lawsuit against the company T in the state court. The state in which S resides requires the dispute between S and the company T to be submitted to nonbinding arbitration or mediation.
To Explain: The ability of the court to hear the lawsuit in case the dispute between S and the company T is not resolved or in case either of the parties disagrees with the decision provided by the arbitrator or mediator.

Trending nowThis is a popular solution!

Chapter 2 Solutions
The Legal Environment of Business: Text and Cases
- I'm a senior majoring in Business Management at University. Accomplishment: Received Perfect Attendance Award at High School - Situation: - Task: - Action: - Result:arrow_forwardI'm a senior majoring in Business Management at University. Accomplishment: Performed all 4 years in my High School’s Talent Show - Situation: - Task: - Action: - Result:arrow_forwardI'm a senior majoring in Business Management at University. Mistake: Took 5 AP Classes at High School - Situation: - Task: - Action: - Result:arrow_forward
- I'm a senior majoring in Business Management at University. Accomplishment: Received High Honor Roll Award at High School - Situation: - Task: - Action: - Result:arrow_forwardGiven below are the account balances for Redstone Corp: . Gross sales: $150,000 • Sales returns and allowances: $6,000 • Selling expenses: $15,000 • Cost of goods sold: $65,000 • Interest expense: $4,000 How much is the gross profit margin?arrow_forwardI'm a senior majoring in Business Management at University. Accomplishment: Graduated High School - Situation: - Task: - Action: - Result:arrow_forward
- Techtronic Inc., a manufacturing company, has just completed an order that Micro Solutions placed for 150 gadgets. The direct material, purchased parts, and direct labor costs for the Micro order are as follows: • Cost of direct materials: $54,000 • Cost of purchased parts: $30,000 • Direct labor hours: 300 hours • • Average direct labor pay rate: $18 per hour Overhead costs were applied at a plant wide overhead rate of 250 percent of direct labor dollars. Compute the total cost of the Micro order.arrow_forwardAccomplishment: Bilingual - Situation: - Task: - Action: - Result:arrow_forwardfinance qnarrow_forward
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education





