LAW 122 Chapter Notes - Chapter 2: Small Claims Court, Alternative Dispute Resolution, Liability Insurance
19 Apr 2013
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Chapter 2 litigation and alternative dispute resolution law 122. Litigation: the system of resolving disputes in court. Business people realize that litigation is a poor way to settle a dispute. Who can sue and be sued: a company is a type of person and is liable to be sued, churches, clubs, unincorporated organizations are not able to be sued but individuals members can be sued. Class actions: class actions allow a single person to small group of people to sue on behalf of a larger group of claimants, they allow small individuals to take on large organizations, class actions may save society money. Self-representation: have the right to represent yourself, small claims court people resolve disputes themselves. Lawyers: does not guarantee success but does increase likelihood of success. Professional liability insurance-allows a client to receive compensation from the lawyers insurance company if the lawyer has acts carelessly. Assurance fund provides people compensation to people who are hurt by dishonest lawyers.
