Exam 2: Alternative Dispute Resolution
Exam 1: Introduction to the Business and Ethics Environment in a Diverse Society75 Questions
Exam 2: Alternative Dispute Resolution75 Questions
Exam 3: The Court System and Legal Process75 Questions
Exam 4: Administrative Law70 Questions
Exam 5: Contracts and Sales75 Questions
Exam 6: Torts75 Questions
Exam 7: Property, Real and Personal75 Questions
Exam 8: Business Crimes75 Questions
Exam 9: Secured Transactions and Bankruptcy75 Questions
Exam 10: Agency and Business Organizations75 Questions
Exam 11: The Employment Relationship and Equal Employment Opportunity75 Questions
Exam 12: Labor and Management Relations75 Questions
Exam 13: Securities Regulation and Compliance75 Questions
Exam 14: Antitrust and Trade Regulation75 Questions
Exam 15: Intellectual Property75 Questions
Exam 16: Environmental Law and Business75 Questions
Exam 17: International Law and Business75 Questions
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Which of the following methods of dispute resolutions can be considered as the easiest and the cheapest?
Free
(Multiple Choice)
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Correct Answer:
D
Which of the following is most likely to address virtually all disputes to be arbitrated other than those where a union or a collective bargaining agreement is in effect?
Free
(Multiple Choice)
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Correct Answer:
B
Mediation and arbitration tend to be more expensive than litigation.
Free
(True/False)
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Correct Answer:
False
If two parties involved in a dispute try to resolve their conflict using the ADR mechanism then they cannot proceed to the court litigation even if they are not satisfied with the ADR result.
(True/False)
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Which of the following statements is true regarding a mock trial?
(Multiple Choice)
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Which of the following is an ADR mechanism that involves the intervention of a disinterested third party into a dispute and the third party can impose a decision, much like a judge does?
(Multiple Choice)
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Because of its flexibility, the alternative dispute resolution system is also called _____ dispute resolution system.
(Multiple Choice)
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Conciliation involves intervention of a disinterested third party.
(True/False)
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Minitrial is generally carried out after the case has been filed with the court.
(True/False)
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Which of the following statements is true regarding the alternative dispute resolution (ADR) mechanism?
(Multiple Choice)
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What are the various advantages of using a disinterested third party for mediation?
(Essay)
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Which of the following statements is true regarding regulatory negotiation?
(Multiple Choice)
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There is a Securities and Exchange Commission rule that securities disputes be handled by arbitration if possible.
(True/False)
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In the case of binding agreement, the awards should be consistent with the concept of stare decisis.
(True/False)
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FMCS is a government agency that can be used by parties to conduct mediation of a dispute.
(True/False)
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Under the statutory scheme of Title VII of the Civil Rights Act of 1964 and its administrative regulations, by law the parties must first attempt to _____ claims of employment discrimination before proceeding further.
(Multiple Choice)
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Most often the mediator goes back and forth between the two parties and listens to their concerns and tries to find a way for each to get what he or she wants from the situation. This is known as _____.
(Multiple Choice)
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