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Two Mid-Sized Business Enterprises Want to Enter into a Long-Term

question 63

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Two mid-sized business enterprises want to enter into a long-term commercial relationship. Both negotiating teams have been instructed to ensure that any disputes that may arise will proceed through the alternative dispute resolution governed by legislation. What action would a lawyer most likely advise the negotiating teams to take in order to satisfy that requirement?


Definitions:

Molten Rock

Liquid rock material formed under the earth's surface at extremely high temperatures, known as magma, or on the surface as lava from a volcanic eruption.

Methanol

Methanol, also known as methyl alcohol, is a chemical compound used as a solvent, antifreeze, fuel, and as a denaturant for ethanol. It is toxic to ingest.

Ethanol

A biofuel derived from corn, sugarcane, or other plant materials, used as an alternative to gasoline.

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The maximum output of power, typically measured in megawatts (MW), that a windmill or wind turbine can produce under ideal conditions.

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