Examlex

Solved

Which of the Following Is the Major Advantage to Alternative

question 76

Multiple Choice

Which of the following is the major advantage to alternative dispute resolution?


Definitions:

Debtors

Individuals or entities that owe money to others.

Assignment

Assignment refers to the transfer of rights, property, or responsibilities from one party to another.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee able to transfer it to another holder.

Consideration

In contract law, something of value given by one party in exchange for something of value from another party, forming the basis for a contract.

Related Questions