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Carla Suarez
on Nov 01, 2024

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Big Co.and Gantt Co.have entered into a contract for a long-term construction project.The companies opt to use a partnering process to resolve disputes.The partnering process between them will begin:

A) after the contract has been finalized,but before the project has begun.
B) when the first dispute between the two parties arises.
C) only if both mediation and arbitration procedures have failed.
D) once the project has begun and the parties are aware of possible problems.

Partnering Process

A collaborative approach in business or projects where two or more parties work together to achieve common goals.

Long-Term Construction

Construction projects with extended timelines, often involving complex planning and execution.

Disputes

Disputes are disagreements, conflicts, or controversies that arise between parties, which may require negotiation, mediation, arbitration, or legal action to resolve.

  • Recognize and elucidate the different ADR mechanisms, including mediation, arbitration, and negotiation.
  • Understand the importance of proactive Alternative Dispute Resolution in averting lawsuits.
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Elaine DeslateNov 03, 2024
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