A Private Trial Is an Alternative Dispute Resolution Method Often

question 85

Multiple Choice

A private trial is an alternative dispute resolution method often referred to as ________.

• A)"rent-a-judge"
• B)non-binding arbitration
• C)non-binding mediation
• D)binding mediation
• E)"rent-a-cop"

---

Definitions:

Monopoly Power

The ability of a single company or entity to control or dominate an industry or sector, often leading to limited competition and higher prices for consumers.

Vertical Merger

A merger in which a company at one level of the manufacturing-distribution system acquires a company at another level of the system.

Tying Arrangement

Illegal agreement in which the sale of one product is tied to the sale of another.

Antitrust Laws

Legislation enacted to promote competition and prevent monopolies by regulating anti-competitive business practices.