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Developing Nations Tend to Have a Large Entrepreneurial Class but Not

question 254

True/False

Developing nations tend to have a large entrepreneurial class but not sufficient capital investment.


Definitions:

Med-Arb

A form of ADR that combines the best aspects of both mediation and arbitration. The parties first submit to a mediation session. If the matter cannot be settled, it moves to an arbitration hearing.

Lawyer

A professional who practices law, representing and advising individuals, businesses, and government agencies on legal issues and disputes.

Negotiation

The process by which two or more parties with different needs or goals discuss an issue in an attempt to reach a compromise or agreement.

Mediation

A form of alternative dispute resolution where a neutral third party helps the disputing parties find a mutually satisfactory solution.

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