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Likurg_2 [28]
3 years ago
6

In a business context, legal counsel is not only a primary and important source of information and advice but is also solely res

ponsible for making decisions about how to resolve a dispute.A. TrueB. False
Business
1 answer:
Yakvenalex [24]3 years ago
6 0

<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.  

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The Federal Reserve helps protect people who borrow money to pay an expense by
seraphim [82]

Answer:

The correct response is "enforcing the truth in Lending Act".

Explanation:

  • This same original objective of many of these Federal Reserve Restrictions would be to safeguard human potential customers toward misleading banking as well as making loans methodologies that could cause significant actual damage or invalidate independent constitutional protections.  
  • Individuals implement regulations and procedures to support the borrowing and government assets, as well as to discourage manipulation when doing so.
3 0
3 years ago
Marcus sells washing machines from his store on a main street in his city. He normally sells ten washing machines a month. He ha
lora16 [44]

Answer:

Demand for a product is not necessarily increased just because there is a greater supply, in addition, based on his sales, he has no doubt reached the equilibrium price.

Explanation:

The law of supply and demand is the basic principle on which a market economy is based. This principle reflects the relationship between the demand for a product and the quantity offered of that product taking into account the price at which Sell ​​the product.

Thus, depending on the price in the market of a good, the bidders are willing to manufacture a certain number of that good. Like the plaintiffs they are willing to buy a certain number of that good, depending on the price. The point where there is a balance because the plaintiffs are willing to buy the same units that the bidders want to manufacture, for the same price, is called the market equilibrium or breakeven point.

According to this theory, the law of demand establishes that, keeping everything else constant (ceteris paribus), the quantity demanded of a good decreases when the price of that good increases. On the other hand, the law of supply indicates that, keeping everything else constant (ceteris paribus), the quantity offered of a good increases when its price does.

3 0
3 years ago
3. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (2-5 sentences. 2.
Taya2010 [7]
One global trend I think offers a business opportunity in the global marketplace is the internet. With the internet customers can shop a store from virtually anywhere in the country. A small store such as local boutiques become a big hit with online shoppers.
7 0
3 years ago
Read 2 more answers
Marketing channels can achieve economies of scale through:a. overcoming spatial discrepanciesb. overcoming temporal discrepancie
Snowcat [4.5K]

Answer: D. specialization and division of labor

Explanation:

Economies of scale refers to the cost advantages that are reaped by companies when there is efficient production such that production increases and there's lowering of costs.

Economies of scale can be achieved by marketing channels through specialization and division of labor. This can be done by aiding the producers who doesn't have the finance and lacks motivation, or the expertise to market directly to the consumers.

3 0
3 years ago
Bill McDermott is the CEO of SAP, which is a company that sells expensive enterprise resource planning software to large and mid
KonstantinChe [14]

Answer:

corporate

Explanation:

Corporate level of an organisation involves the whole organisation. The organisation is made up of business units and product lines.

So when one functions at the corporate level he is responsible for all aspects of the business.

In this instance Bill McDermott is the CEO of SAP is in charge of all departments and production lines of the company.

On the other hand functional level deals with a particular department within the organisation. For example human resources, operations, and so on.

3 0
3 years ago
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