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Business Law Questions
1.
Alternative Dispute Resolution (ADR) is a mean of ending or settling the disputes outside the courtroom. The advantage of ADR is that it is risk-free and more private than the court. However, the disadvantage is that there is no guarantee of a resolution or good faith. Mediation is the informal alternative to litigation while arbitration is a simple form of trial. Both of these methods work for solving cases outside the court. In the case of Bill and Susan I would not recommend this because the plaintiff seems to be faking about the whole situation.
2.
In the mentioned scenario it was right to sue Pat because he broke the basic rule of MUCK of not wearing a mascot to the game. When the rules were set before the game both the parties agreed to them and thus Pat should be punished. However, the actions by Paul does not break any laws or rules. Therefore his case should be discharged.
4
The unilateral contract requires only one party to take actions. In a bilateral contract both the parties are obliged to take actions. In bilateral business, contracts are more common because both parties have some responsibilities. The Unilateral contracts are only used when only one party is responsible for providing material to the other party.
6.
I believe that it is legal and ethical because when a person buys something that he is the legal owner of that thing and he can resale the domain according to his own wish, but only one condition should be applied that the person is not doing this as a business.
8.
Yes, there are laws present which protects both the business and consumer. One law is the Trademark law which protects the business, and another law is the privacy policy which forces the e-commerce businesses to protect the information of the consumers.
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