Law impacts how business operations perform. With globalization,
the law's impact and corresponding business risks have grown. The
student will learn to consider how and when a business risk should
be pursued under traditional litigation (lawsuit, answer, and
discovery) and where alternative dispute resolution methods are
appropriate in both domestic and international disputes. Assignment
Steps Resources: Legal Environment of Business: Online Commerce,
Business Ethics, and Global Issues: Ch. 1, Ch. 2 (pp. 23-32), Ch.
3, Ch. 4 and Ch. 26; sites such as: Public Library of Law, Law
Library of Congress, and Justia Virtual Chase law database Select a
business or industry with which you are familiar and, in a minimum
of 700 words, excluding title and reference pages, develop an
analysis including the following: Identify at least two ways the
U.S. legal system affects that business or industry. Examine the
risks that business or industry encounters when dealing with
traditional litigation, (suit, answer, discovery, trial) and what
measures business managers can take to reduce exposure to those
risks. Choose a global/international business dispute from your
business or industry, then compare and contrast one form of
alternative dispute resolution (ADR) with traditional litigation
with regard to that dispute, and recommend which method is
preferred and why. Cite a minimum of three scholarly references.
One scholarly reference must be from the University Library. Format
your paper consistent with APA guidelines. Click the Assignment
Files tab to submit your assignment.
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