subject
Business, 24.09.2020 02:01 arichar

Adrian Reese, a resident of New York, owned a strip mall located in Ohio, which he leased out to different businesses. The tenants in the building had complained that the two public restrooms were substandard and in need of repair. Reese therefore contracted with Lyle Copeland, a licensed contractor in Ohio, to remodel and bathrooms and fix the outdated plumbing. Copeland began the work on the date promised but progressed very slowly. Then, while ripping out the existing pipes, Copeland accidentally broke the main pipe, which caused flooding and water damage to the building. Several of the tenants immediately vacated the property after the incident. Reese claimed that Copeland was legally responsible for $300,000 in property damage because his action were reckless and incompetent. Copeland maintained that it was an accident and refused to pay for the damage. Using the information presented in the chapter, answer the following questions. A. What types of assisted negotiation might the parties used to settle this dispute?
B. Does the fact that the parties reside in different jurisdictions have any effect on whether they might try mediation or negotiation? Why or why not?
C. Why would the pries wish to use some method of alternative dispute resolution (ADR) rather than filing a traditional lawsuit?
D. Suppose that one of the parties rejects any attempt at using ADR and instead files a lawsuit in a federal district court. That court happens to require that this dispute be arbitrated prior to any trial on the matter. Explain whether this arbitration is likely to be legally binding on the parties.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Which of the following best describes why you need to establish goals for your program?
Answers: 3
question
Business, 22.06.2019 10:20
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
Answers: 1
question
Business, 22.06.2019 19:00
In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?
Answers: 1
question
Business, 23.06.2019 03:10
Norbert and suzie are both lineworkers for a utility company who have been working together for almost two years. norbert frequently tells suzie that the job is called "lineman" and not "linewoman," and thus, it is not a woman's job. he plays practical jokes on her such as hiding some of her tools and sabotaging her truck. he asks her when she plans on getting pregnant and staying at home to take care of her children and gives her copies of " wanted" ads for secretarial and waitress jobs. such behavior has kept suzie disturbed at work. if suzie complains about norbert's conduct:
Answers: 1
You know the right answer?
Adrian Reese, a resident of New York, owned a strip mall located in Ohio, which he leased out to dif...
Questions
question
History, 28.05.2021 01:00
Questions on the website: 13722363