Primary Methods of Alternative Dispute Resolution Include Litigation and Mediation

question 20

True/False

Primary methods of alternative dispute resolution include litigation and mediation.

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Definitions:

Customer Lists

A comprehensive collection of information about customers, including contact details, preferences, and purchase history, used for marketing and customer relationship management.

Intangible Assets

Assets that lack physical substance, such as patents, trademarks, goodwill, and copyrights, having value due to the rights and advantages they provide to a business.

Tangible Assets

Physical assets that have a concrete form, such as buildings, machinery, vehicles, and inventory.

Prospective Buyer

A potential customer who has demonstrated interest in purchasing a product or service, but has not yet completed the transaction.