Exam 4: Dispute Resolution

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Upon learning that a problem with a faulty computer system design caused a customer's business to be disrupted, the risk manager should check the applicable supply contract to determine the extent of its liability.

(True/False)
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It is unusual and not advisable for the defendant to insist that a confidentiality clause be incorporated into a settlement agreement or release.

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Two mid-sized business enterprises want to enter into a long-term commercial relationship. Both negotiating teams have been instructed to ensure that any disputes that may arise will proceed through the alternative dispute resolution governed by legislation. What action would a lawyer most likely advise the negotiating teams to take in order to satisfy that requirement?

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Which of the following would be a valid criticism of the use of arbitration clauses in contracts between investment brokers and their clients?

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Identify the stages of a lawsuit and briefly describe the parties who would typically be involved.

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