Which of the Following Is True About the Legal Procedures

question 28

Multiple Choice

Which of the following is true about the legal procedures preferred by businesses?

• A) Businesses who opt for conciliation fear discrimination in foreign countries and therefore avoid it.
• B) Arbitration often involves extensive delays and is very costly, and hence is not preferred by businesses.
• C) Litigation results in much quicker decisions than arbitration, and hence is preferred by businesses.
• D) Arbitration results in much quicker decisions, and hence is more preferred by businesses.

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Definitions:

Electronics Company

A business involved in the design, manufacturing, and/or sale of electronic devices and components.

Probability Model

An analytical model that represents a random occurrence, defined by its set of all possible outcomes, the events contained in that set, and the likelihood of each of those events happening.

Probability Model

A mathematical representation of a random phenomenon, characterized by its sample space, events within the sample space, and probabilities associated with each event.

Face Card

A playing card that depicts a human figure, such as a king, queen, or jack, as opposed to numerical cards.