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kirill [66]
3 years ago
15

Daniel believes that a chemical company is responsible for contaminating some land that he owns. He files suit against the chemi

cal company. Rather than have the case go to court, the chemical company’s attorney suggests arbitration to resolve the legal dispute. Explain how arbitration would work in this case.
Business
1 answer:
Tresset [83]3 years ago
7 0

Answer:

Arbitration can work instead of the suit filed by Daniel against a chemical company is responsible for contaminating some land that he owns if they give him a worthy compensation.

Explanation:

Arbitration means to settle out of court.

This method is used in resolving disputes outside of court to avoid certain legal documents that might haunt the company in future.

During Arbitration, parties refer their disputes to an arbitrator who reviews the evidence, listens to the parties, and then makes a decision that is favorable to both parties. More like a win-win.

Arbitration clauses can be mandatory or voluntary, and the arbitrator's decision may be binding or nonbinding but for arbitration to work, the parties must arrive at a mutual compromise.

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A pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clie
gavmur [86]

Answer:

Non-piracy.

Explanation:

If a pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clients for a period of two years. This best exemplifies the non-piracy clause.

A non-piracy clause is a legal framework which provides protection for companies from an ex employee who has left. This clause states that ex employees are prohibited from soliciting business from former customers or clients either directly or indirectly for a period of two years.

<em>For instance, if Joyce works for XYZ pharmaceutical company that uses a non-piracy clause and later dropped a resignation letter or was laid off for a disciplinary action, she's prohibited from taking contracts from XYZ' customers for a period of two (2) years. </em>

8 0
3 years ago
Shrawan I : Buiness started with cash Rs 7000​
Bas_tet [7]
<h3>Answer:</h3>

Cash A/C Dr

To capital A/C

<h3>Explanation:</h3>

7 0
3 years ago
This year Clark leased a car to drive between his office and various work sites. Clark carefully recorded that he drove the car
Solnce55 [7]

Answer:

$7,200

Explanation:

Expense can be defined as the cost incurred by an organisation as it tries to generate revenue in its daily activities.

It is the cost of doing business, and is the sum total of cost incurred for all activities geared at making profit.

So in this instance Clark was visiting work sites for the company, he leased a car for $4,500 and spent $2,700 on fuel. The sum total is $7,200 and this is the amount he will deduct as business expense.

5 0
3 years ago
Read 2 more answers
U.S. demand for Japanese products creates a​ ________ U.S. dollars and a​ ________ Japanese yen in the foreign exchange market.
crimeas [40]

Answer:

The correct answer is option C.

Explanation:

US demand for Japanese products will create a supply of US dollars and demand for Japanese yen in the foreign exchange market.

This is because when the US consumers purchase Japanese products they need to pay in Japanese yen, so they will exchange US dollars for Japanese yen. Consequently, this will lead to an increase in the supply of US dollars and a demand for Japanese yen.

6 0
3 years ago
_______________ are best defined as for-profit and non-for-profit organizations, including individuals such as agents that play
soldi70 [24.7K]

<u>Intermediary organizations </u> are best defined as for-profit and non-for-profit organizations, including individuals such as agents that play fundamental roles in facilitating, promoting, or encouraging B2B relationships between marketing organizations or B2C relationships between marketing organizations and end-use consumers.

<h2>What are Intermediary organization?</h2>

According to the definition of intermediary organizations, these businesses "assist the provision of services by another organization rather than offering direct services themselves."

<h2>What is a nonprofit organization?</h2>

A nonprofit organization is one that the IRS deems to be eligible for tax-exempt status due to its focus on advancing social causes and serving the general welfare. Hospitals, universities, national charities, and foundations are examples of nonprofit institutions. Your company must contribute to the common good in some way to be considered a nonprofit.

learn more about non profit organization at brainly.com/question/15360759?referrer=searchResults

#SPJ4

4 0
2 years ago
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