ADR Is Usually More Expensive Than Litigation

question 39

True/False

ADR is usually more expensive than litigation.

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Definitions:

Total Output

The total amount of goods and services produced by an economy or a firm within a specific period.

Productive Capacity

The maximum output a company, sector, or economy can produce using its current resources efficiently.

Wage Bill

The total amount of money paid by businesses to their employees for work performed, typically over a specific period.

Remittance

The transfer of money by foreign workers to individuals in their home country.