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Lawsuit Alternatives Student’s Name Institution Affiliation Lawsuit Alternatives Dear Curiousonem, In the modern world, every entrepreneur must adhere to business regulations and the established protocols for addressing unforeseen risks. Therefore, it is acceptable and wise for you to feel worried about the uncertainties that business operations and products may bring. Usually, there are two ways to handle disputes when they occur. One way is through the formal judicial system and involves trials and judicial review sometimes (litigation), and the other is through various effective alternatives to litigation referred to as Alternative Dispute Resolution (ADR) (Rothman, 2017). In response to your request on the latter, it is my pleasure to present the following information. In a general perspective, alternatives to litigation are the choices one can use to solve the dispute without the involvement of the courtroom. One method is Arbitration, which involves submission of t...
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