Are the courts the best forum to resolve business disputes Discussion, management homework help

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Business Finance

Description

Are the courts the best forum to resolve business disputes? Choose the forum that you believe is the best forum to resolve business disputes. Include the following in your post:

  • Explain your reasoning for choosing this forum.
  • Discuss the advantages and disadvantages of your selected forum.
  • Evaluate the ethical issues that arise in your selected forum.

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Explanation & Answer

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Surname 1
Student’s Name
Professor
Course
Date
The Courts (Chosen Platform)
I think most businesses can settle their problems through negotiation with the party they
are in dispute with and come up with a compromise or an agreement on the best way out of the
issue. This is because the courts can prove to be very costly regarding financial input and time
spent in solving these issues. Negotiation refers to the process whereby agreements that satisfy
conflicting parties are searched. In ...


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