<u>In a business context, legal counsel is not only a primary and important source of information and advice but is also solely responsible for making decisions about how to resolve a disput</u>e-This statement is false
Explanation:
<u>Alternative dispute resolution options is one of the most popular way to settle legal matters without wasting Time and money in a court cases</u>
There are three main types of formal alternative dispute resolution techniques that are used in the United States. They are
<u>Mediation
</u>
In mediation alternative an independent mediator works with both the parties to come to a resolution.
<u>Arbitration
</u>
Arbitration refers to the term voluntary, many people agree to participate in arbitration before a dispute ACTUALLY arises.
In an arbitration, both the parties agree to have their case heard by an impartial person who is refereed to as an arbitrator, who issues a final and binding decision.
An arbitration case is heard much faster and is less expensive than a court case
<u></u>
<u>Collaborative Law
</u>
This is typically used in the resolution of family law setting as an alternative to litigating a divorce. It is different than mediation or arbitration in the sense that there is no neutral third party.
Well if you have a family business your family most likely will invest which is a smart way to start a business but if your business goes down the drain you lost your family investments
Answer:
The answer is option A) Diversification merits strong consideration whenever a single-business Is faced with diminishing market opportunities and stagnating sales in its principal business company
Explanation:
Diversification is a technique that reduces risk by allocating investments among various financial instruments, industries, and other categories. It aims to maximize returns by investing in different areas that would each react differently to the same event.
It's important to diversify among different asset classes. Different assets such as bonds and stocks will not react in the same way to adverse events. A combination of asset classes will reduce your portfolio's sensitivity to market swings. Generally, bond and equity markets move in opposite directions, so if your portfolio is diversified across both areas, unpleasant movements in one will be offset by positive results in another.
Answer:
Chartered Accountant or Certified public accountant.
Explanation:
Chartered accountant is a designation or degree provided to the Accounting professional across the world except in United states, they have another equivalent designation of Certified public accountant. This designation required knowledge on accounting, tax, auditing, etc. They need to qualify in a rigorous accounting examination. As a professional their responsibility is to create financial statement, filling or helping company to file or calculate tax and providing financial advice.
You should include a picture
