23 Jun Pat and Don submit their dispute to bin
Pat and Don submit their dispute to binding arbitration. A court can set aside the arbitrators award if
Don is not satisfied with the award.
Pat is not satisfied with the award.
the award involves at least $75,000.
the award violates public policy or if bad faith was involved.
0.5 points
Question 2
Regarding alternative dispute resolution mechanisms, which if the following is a FALSE statement?
Mediation is a process by which a neutral third party acts as a conciliator and assists the parties to a dispute to reach a compromise solution.
Arbitration is a process whereby the parties to a controversy submit their dispute to a neutral third party, who is not a traditional judge, for a final and binding decision.
An arbitrators decision generally cannot be appealed to the traditional court system if one of the parties is dissatisfied with the determination and thinks the arbitrator got the facts and the law wrong.
An arbitration clause in a contract between an employer and an employee is as a general rule not enforceable against the employee since it would be unfair to the employee to prevent him or her from going to a traditional court to sue the employer.
0.5 points
Question 3
A claims that she and B entered into a contract. The intent to enter into a contract is determined with reference to
the conscious theory of contracts.
the objective theory of contracts.
the personal theory of contracts.
the subjective theory of contracts.
0.5 points
Question 4
What is true about a partners right to participate in the management of the partnership?
It exists only if the partner has been elected as an officer or management committee member.
It exists only if the partnership agreement gives the partner this right.
It exists automatically, but can be eliminated in the partnership agreement.
It exists automatically and cannot be eliminated in the partnership agreement.
0.5 points
Question 5
Where there is no agreement to share profits in a partnership, but one partner has devoted twice as much time to the partnership as the other over the course of the year, how are profits to be split?
In the ratio of time devoted to the partnership.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.