Consilation Is the Most Widely Used Form of Dispute Settlement

question 24

True/False

Consilation is the most widely used form of dispute settlement among commercial parties.

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Definitions:

Cybersquatting

The practice of registering, trafficking in, or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else.

Domain Name

the unique address used to identify and locate a website on the Internet.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Cybersquatting

The act of registering, selling, or using a domain name with the intent of profiting from the goodwill of someone else's trademark.