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35. Litigation is an expensive and lengthy process that involves one business entity attempting to find a resolution for a conflict caused by the other party to the contract by actively engaging in negotiations aided by a neutral party.

a. True
b. False

1 Answer

4 votes

Final answer:

Litigation is a legal process that involves one business entity seeking resolution for a conflict caused by another party. It can be expensive and lengthy.

Step-by-step explanation:

False

Litigation is a legal process involving one business entity seeking a resolution for a conflict caused by another party. It is a formal process that takes place in court and involves the parties presenting their arguments and evidence to a judge or jury to reach a decision. Litigation can be expensive and lengthy due to the costs associated with legal representation, court fees, and the time it takes to prepare and present a case.

User DrDirk
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