Difference between arbitration and mini trials

Assignment Help Microeconomics
Reference no: EM13697493

Which of the following is a difference between arbitration and mini trials?

A. The disputants are not represented by legal counsel in a mini trial, unlike in arbitration.

B. The parties are more likely to be involved in direct communication during arbitration than in mini trials.

C. The neutral party in arbitration is appointed by a court, but they are selected by the disputants in a mini trial.

D. The neutral adviser in mini trials provides an opinion on the case, whereas the arbitrator delivers a binding decision.

Reference no: EM13697493

Questions Cloud

What is the average product of labor : Suppose the production function is given by Q= 5K + 6L. What is the average product of labor when 8 units of capital and 10 units of labor are employed?
True of the restatements of the law : Which of the following is true of the Restatements of the Law?
Capital flight is a concern for several african countries : Capital flight is a concern for several African countries. For example, according to data collected by the World Bank, over the last decade capital flight reduced the effective yearly saving rate of Chad from 20% to 11%. Recent estimates show t..
Statements is true of substantive due process : Which of the following statements is true of substantive due process?
Difference between arbitration and mini trials : Which of the following is a difference between arbitration and mini trials?
Statements is true of an arbitrator : Which of the following statements is true of an arbitrator?
Suppose that portugal and austria both produce rye : Suppose that Portugal and Austria both produce rye and cheese. Portugal's opportunity cost of producing a pound of cheese is 5 bushels of rye while Austria's opportunity cost of producing a pound of cheese is 10 bushels of rye.
About a defendants case : Which of the following statements is true about a defendant's case?
A firm produces a product in a competitive industry : A firm produces a product in a competitive industry and has a total cost function (TC) of TC(q)=90+8q+2q2  and a marginal cost function (MC) of  MC(q)=8+4q.

Reviews

Write a Review

Microeconomics Questions & Answers

  Describe viewpoints of classical and keynesian economists

explain the viewpoints of classical and keynesian economists. how did the economy that existed at the time of these

  Explain what is meant by in-kind transfer programs

Explain what is meant by "in-kind transfer" programs. Briefly outline the pros and cons associated with an in-kind transfer program

  Calculate ries income elasticity of demand

Draw a graph of the market for banana. What are the equilibrium price and quantity and calculate Rie's income elasticity of demand for beef. Show your calculation.

  Supply and demand

Consider a market where supply and demand are given by QXS = -12 + PX and QXd = 90 - 2PX.

  Illustrate the optimal factor mix the cally will use in

cally uses labour l and capital k in her production process. the wage rate for one unit of labour is 10 while units of

  What is the income elasticity of demand for pizza

Suppose that when the average college student's income is $10,000 per year, the annual quantity demanded of Patty's Pizza is 50 and the annual quantity demanded of Sue's Subs is 80.

  Model of perfect competition

Explain the assumptions behind the model of perfect competition and explain the sources of the recent housing price "bubble"? Provide a chart if needed?

  Affect the extent of crowding out in the short run

how might the expansionary monetary policy affect the extent of crowding out in the short run?

  Effect of mass transit subsidy on auto use-transit ridership

A mass transit subsidy will result in auto use and mass transit ridership levels that are closer to their social optimums than would occur without the subsidy. Use the graphical model discussed in class to explain the effect of a mass transit subsidy..

  In the presence of very risk-averse bidders

"In the presence of very risk-averse bidders, a person selling her house in an auction will have a high expected profit by using a first-price, sealed-bid auction." True or false? Describe your answer.

  Computation process for optimal output

Allied company machines produces the output that it sells in the highly competitive market at the price of $100 per unit. Its inputs include two machines (which cost the firm $50 each) and workers

  How many acres should the farmer plant and harvest

If the marginal cost ofplantingand harvesting an acre is $7000 per acre for each of the five acres, how many acres should the farmer plant and harvest?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd