Fact Pattern 2-A1 (Questions A14-A16 Apply)

question 8

Multiple Choice

Fact Pattern 2-A1 (Questions A14-A16 apply)
Java Cafes,Inc.,and Kaffe Import Corporation dispute a term in their contract.
-Refer to Fact Pattern 2-A1.If Java and Kaffe have a long-standing busi?ness relationship that they would like to continue,a preferred method of set?tling their dispute may be mediation because

• A)the case will be heard by a mini-jury.
• B)the dispute will eventually go to trial.
• C)the process is not adversarial.
• D)the resolution of the dispute will be decided an expert.

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Definitions:

Standard Deviation

A calculation that evaluates the scope of fluctuation or dispersal of values in a collection of data.

Amount Win

The total sum of money or points gained in a competition, lottery, or other form of game.

Probability Distribution

A mathematical function that provides the probabilities of occurrence of different possible outcomes for an experiment or event.

Standard Deviation

A statistical measurement that depicts how spread out the numbers in a data set are around the mean.