Which Statements Best Describes One of the Features of Alternative

question 60

Multiple Choice

Which statements best describes one of the features of alternative dispute resolution?

• A) It is free because it is not necessary for the parties to hire lawyers.
• B) It is only available before a lawsuit has been commenced.
• C) It usually results in the faster resolution of a dispute than litigation alone.
• D) It is only available when litigation has already been commenced.

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Definitions:

Government Intervention

Actions taken by a government to influence or directly regulate various activities within its economic systems.

Taxes

Required financial dues or other levy types enforced on taxpayers by governmental institutions, intended to support government funding and multiple public spending purposes.

Average Price Level

An index that summarizes prices across a variety of goods and services within an economy at a given time, providing a snapshot of overall price trends.

Imports

Goods or services brought into one country from another for the purpose of trade.