Exam 4: Dispute Resolution

Chemical Industries is suing a customer for non-payment of its account and will bring its lawsuit in provincial court.What is the name of the document that Chemica will use to commence its lawsuit?

Abacus Industries is considering arbitration to resolve its dispute with a foreign supplier.Which statement best describes why arbitration is popular for settling international commercial disagreements?

A mediator attempting to negotiate a resolution to a commercial dispute has conceded that she is unable to move the dispute through the mediation process.What would the mediator most likely say is the main factor contributing to the failed mediation?

What is a limitation period and what are some possible rationales for limitation periods?

Even though the amount of accumulated interest awarded previously by the trial judge was reduced,management of Renna Inc.indicated to its lawyer that it was pleased with the result of her efforts on the company's behalf.Which of the following would Renna Inc.'s lawyer have most likely stated as an explanation of the decision rendered by the appeal court?