Alternative Dispute Resolution Refers to

question 110

Multiple Choice

Alternative dispute resolution refers to

• A)the power of a court to refuse to enforce a law or a government regulation that in the opinion of the judges conflicts with the U.S.Constitution or, in a state court, the state constitution.
• B)an opinion unrelated to a particular case that gives a court's view about a constitutional or legal issue.
• C)a system for selecting judges that combines features of the appointive and elective methods.
• D)procedures that substitute for formal trials including mediation, arbitration, conciliation, private judging, and advisory settlement conferences.
• E)a repeat offender.

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Definitions:

Market Value

The going rate for an asset or service available for exchange in the open market.

Equity

The value of an asset after deducting the value of liabilities, representing ownership interest in a company or property.

Cost of Capital

The rate of return that a company must earn on its project investments to maintain its market value and attract funds.

Debt/Equity Ratio

A fiscal ratio that reflects the comparative amount of equity from shareholders and borrowed funds utilized to support a company's resources.