QUESTION IMAGE
Question
which of the following is true regarding the speed and cost of alternative dispute resolution (adr)?
multiple choice
it is usually faster and cheaper than litigation.
it is usually faster, but more expensive, than litigation.
it is usually slower and more expensive than litigation.
it is usually slower, but less expensive, than litigation.
no formal studies have been conducted regarding the speed and cost of adr, so the answer is unknown.
Alternative dispute resolution (ADR) methods like mediation and arbitration avoid the formal and time - consuming court processes of litigation. They also generally have lower legal fees and shorter timelines.
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It is usually faster and cheaper than litigation.