Asked by Jonathan Ghansiam on Apr 29, 2024
Verified
Which of the following is an advantage of using ADR?
A) Lengthy process
B) Sets a binding precedent
C) More expensive than litigation
D) Ensures full disclosure
E) Speedy resolution
ADR
Alternative Dispute Resolution, a range of processes such as mediation and arbitration used to resolve disputes without going to court.
Speedy Resolution
The quick settlement of a dispute or legal case without prolongation.
Binding Precedent
A principle or rule established in a previous legal case that must be followed by courts in future cases with similar issues or facts.
- Become familiar with the range of alternative dispute resolution mechanisms and their favorable aspects.
Verified Answer
ZK
Zybrea KnightMay 06, 2024
Final Answer :
E
Explanation :
ADR (Alternative Dispute Resolution) is known for offering a speedy resolution compared to traditional court litigation. This is one of its primary advantages, as it allows parties to resolve disputes more quickly and often with less expense.
Learning Objectives
- Become familiar with the range of alternative dispute resolution mechanisms and their favorable aspects.