Description
Do you think that small businesses engaged in a contract dispute with large businesses would prefer to go through litigation (i.e. trial) or alternative dispute resolution and why? If you believe they would prefer ADR, please discuss the type of ADR that would be most beneficial (negotiations, mediations or arbitrations) as part of your answer.
Explanation & Answer
Attached.
Alternative dispute resolution
Small businesses usually enter into businesses with large firms in the course of their
operations. The contracts may be means to help these small firms to grow and be independent,
for outsourcing or for mutual benefits. However, these firms may be involved in conflicts such as
the control of important resources of the company, share capital to be held...
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