Spend quality time responding to the following questions in your own words.

1.A form of alternate dispute resolution is mediation. What are the pros and cons of arbitration compared to mediation?

2.Managers and business owners must have a basic knowledge of the court systems. Describe the court structure in the United States. Why is it essential for a manager or business owner to know the court systems?

3.As a business person, why is knowledge of the Uniform Commercial Code (UCC) an essential requirement for success?

4.Your Chief Executive Officer (CEO) requests that you research procedures to encourage company employees to promote ethical business practices. Describe the basic procedures you will use to satisfy your CEO’s request.

Provide your answers in a document and submit. Citations and references must be in current APA format. (Links to an external site.)Links to an external site.

Use: Fundamentals of Business Law.    ISBN 978-1305075443