BA260 Week 2 Assignment 2 - 2226

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  • From: Law, Business
  • Posted on: Sun 18 Mar, 2012
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This week’s decision: Alexander is involved in a dispute related to his business.  Alexander is considering legal action.  Why may it be financially advantageous to Alexander’s business to avoid litigation and mediate the case? 

Solution Description

This week’s decision: Alexander is involved in a dispute related to his business.  Alexander is considering legal action.  Why may it be financially advantageous to Alexander’s business to avoid litigation and mediate the case? 

       If Alexander’s business already has lawyers on the business’ payroll, then the only penalty they would be on the hook for (pending a loss in the case) would be court costs.  Litigation can be a large financial