Explain litigation and arbitration in court

Explain litigation and arbitration in court

Business Law and Ethics
Explain Litigation and Arbitration in Court

Compare and contrast the differences between litigation in the court system with arbitration and other forms of alternative dispute resolution. Identify the advantages and disadvantages of each.
Discuss how the issue impacts business practice and the costs of operating business organizations. Discuss if the issue has a significant effect on consumers. Include specific examples to illustrate.

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