The Most Formal of Dispute Processing Institutions Are

question 20

Multiple Choice

The most formal of dispute processing institutions are:

• A)arbitrators
• B)ministers
• C)mediators
• D)courts

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Definitions:

Due Diligence

A comprehensive appraisal of a business or individual’s financial performance, legal obligations, and other details conducted before entering into an agreement or transaction.

Short-termism

The focus on immediate results or benefits at the expense of long-term interests or sustainability.

Quarterly Earnings

The financial performance reports of a company issued every three months, often including net income, earnings per share, and net sales.

Due Diligence

A comprehensive appraisal of a business or individual’s performance, financial records, or legal obligations, conducted typically before entering into an agreement.