Which of the Following Methods of Dispute Resolutions Can Be

question 1

Multiple Choice

Which of the following methods of dispute resolutions can be considered as the easiest and the cheapest?

• A) Arbitration
• B) Summary jury trial
• C) Mediation
• D) Conciliation

---

Definitions:

Parent-subsidiary Relationship

A corporate structure relationship where one company (the parent) controls another company (the subsidiary) by holding a majority of its stock.

Substantive Rights

Rights that the rights holder has the practical ability to exercise.

ASIC

ASIC stands for Australian Securities and Investments Commission, a body that regulates financial markets, securities, futures, and corporations in Australia.

Non-reporting Entities

Businesses or organizations that are not required to prepare or submit financial reports to regulatory agencies or stakeholders.