Examlex
A business' objectives should be:
Litigants
Parties involved in a lawsuit, including both the plaintiff (the party bringing the suit) and the defendant (the party being sued).
Submission Agreement
A legal agreement where parties agree to submit a current or future dispute to arbitration, without necessarily specifying the details of the arbitration process.
Lawsuit
A legal action initiated by one party against another in a court of law to enforce or defend a legal right.
Binding Arbitration
A dispute resolution process where an impartial third party renders a decision that is final and legally binding on all involved parties.
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