List and Define the Methods of Alternative Dispute Resolution (ADR)

question 111

Essay

List and define the methods of alternative dispute resolution (ADR) discussed in the text. Are all methods of ADR voluntary? Discuss mandatory ADR.

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Definitions:

Financial Support

Assistance given in the form of money, resources, or services to help organizations, individuals, or businesses financially.

Entrepreneur

An individual who starts and runs a business, taking on financial risks in the hope of profit.

Venture Capitalist Companies

These are firms that provide financial capital to early-stage, high-potential growth startup companies in exchange for equity or an ownership stake.

Smartphones

Mobile devices equipped with advanced computing capabilities, including internet access and various applications.