Often,costs Can Be Considerably Reduced by Including Provisions in a Contract

question 167

True/False

Often,costs can be considerably reduced by including provisions in a contract for all disputes to be handled through mediation and arbitration.

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Definitions:

Measure

A method or tool used for assessing, quantifying, or evaluating a particular attribute or phenomenon.

Presence

The state of being distinctly alive or existing in a particular place or moment.

Performance

The act of carrying out a task or operation, measured by its effectiveness, efficiency, or execution quality.

Concepts

Abstract ideas or general notions that exist in the mind as representations.