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This 1 page Class Notes was uploaded by Lexie Barclay on Tuesday September 6, 2016. The Class Notes belongs to BLAW at University of Arkansas taught by John Norwod in Fall 2016. Since its upload, it has received 10 views.
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Date Created: 09/06/16
BLAW Notes Ch3 September 2, 2016 ADR>> Alternative Dispute Resolution Reasons for this: cost, time, flexibility/control, avoids “all or none” verdict Two Types: 1. Mediation a. Neutral third party leading to settlement (?) b. Nonbinding c. Most popularoften required by judges before judges before seeing their case on trial 2. Arbitration a. Neutral third party b. Binding c. Ways it is agreed to: i. After the dispute arises ii. In the contract d. Federal Arbitration Act of 1925 e. EX: ticketmaster.com f. Prepaid card g. Student loans
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