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.

---

Definitions:

Behaviour Decision Model

A theory that explains how individuals make decisions based on the acknowledgment of available alternatives, possible outcomes, and the implications of their choices.

Cognitive Limitations

Refers to the inherent restrictions in human cognitive capacity, affecting memory, attention, and the ability to process information.

Preferred Course Of Action

The most favored plan or method to achieve a desired outcome or solve a problem.

Satisficing Decision

A decision-making process where the first acceptable solution is chosen, rather than seeking the optimal solution, often due to time or information constraints.