Which of the Following Is Not an Alternative to Litigation

question 18

Multiple Choice

Which of the following is not an alternative to litigation?

• A)Private trial
• B)Early neutral case evaluation
• C)Negotiation
• D)Mediation
• E)Arbitration

---

Definitions:

Reacquired Shares

Shares purchased back by the issuing company, reducing the number of shares available on the open market.

Balance Sheet

A balance sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Par Common Stock

The face value assigned to common stock shares, representing the minimum amount that can be credited to share capital; it is not necessarily indicative of the market value.

Journalize

The act of recording business transactions in the journal, noting the accounts affected and their debits and credits.