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Whitepunk [10]
3 years ago
13

Jill and Kane, with their attorneys, meet to try to resolve a dispute. A neutral third party works with both sides and proposes

a solution, but does not make a decision resolving the matter. This is:____.
a. arbitration.
b. negotiation.
c. mini-trial.
d. mediation.
Business
1 answer:
Roman55 [17]3 years ago
8 0

Answer:

Option d: Mediation

Explanation:

Alternative dispute resolution (ADR)

This is simply known as other processes of managing or resolving conflicts than the use of traditional Court processes or litigation. There are three methods of ADR. it includes:

1. Negotiation

2. Mediation

3. Arbitration

Mediation

This is simply known as a type  of an ADR where a neutral third party helps to quickens the communication process between the conflicting parties so that they can work out their own mutually acceptable agreement.

Mediators

This are people who are part of the mediation. They are regarded as an unbiased facilitators of communication usually between the parties in a private setting.They do not decision-making power with respect to the outcome of the mediation. A neutral person in this case is regarded as an individual who is not in support of either party in the conflict and they are often called the mediator.

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The partnership of Larson, Norris, Spencer, and Harrison has decided to terminate operations and liquidate all business property
Volgvan

Answer:

          LARSON, NORRIS, SPENCER AND HARRISON

PREDISTRIBUTION PLAN FOR LIQUIDATING PARTNERSHIP

ASSET

Cash                           $28,250

liquidating expense   <u> (8,000)    </u>             20,250

Account receivable                                   44,000

inventory                                                    39,000

land and building                                       23,000

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Net asset                                                 183,250

Asset to be distributed as follows:

Larson(15,000 - 1600)   13,400          

Norris(60,000 -2400)    57,600                        

Spencer(75,000 - 1600)  73,400                

Harrison(41,250-2400)      38,850            <u> ( 183,250)</u>

                                                                   <u>        0      </u>

Loss                                                        

share of liquidation expenses

Larson = 20%*8000 = 1600

Norris = 30%*8000 = 2400

Spencer = 20%*8000= 1600

Harrison = 30%*8000 = 2400

Explanation:

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A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.

This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.

If the profit center exceeds either of these then they are performing well.

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Answer:

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Answer:

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