Law · International Business Law
Which of the following statements correctly highlights a core distinctive characteristic of international business litigation compared to arbitration?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Litigation processes inherently include mandatory mediation.
- 2Litigation requires the mutual consensus and co-operation of both parties to initiate.
- 3Litigation is entirely non-adversarial in nature.
- 4Litigation refers to the process of bringing a claim to a public court of law rather than a private tribunal.✓
Correct answer
Litigation refers to the process of bringing a claim to a public court of law rather than a private tribunal.
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