Question

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 dispute.A. TrueB. False

Answer 1

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 dispute-This statement is false

Explanation:

Alternative dispute resolution options is one of the most popular way to settle legal matters without wasting Time and money in a court cases

There are three main types of formal alternative dispute resolution techniques that are used in the United States. They are

Mediation

In mediation alternative  an independent mediator works with both the parties to come to a resolution.

Arbitration

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

Collaborative Law

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.