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Business, general

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Keeping it out of court

Article Abstract:

An increasing number of disputes is being settled through alternative dispute resolutions (ADR). The ADR technique offers such advantages as lower required costs and faster response times. In addition, most resolutions allow those involved to preserve business relations and maintain confidentiality. Available methods include mediation, mini-trials, arbitration and a related technique called step negotiation. In spite of the viability of these methods, there are pitfalls, such as the bypass of the full discovery process.

Author: Jacobs, Deborah L.
Publisher: Thomson Financial Inc.
Publication Name: Small Business Reports
Subject: Business, general
ISSN: 0164-5382
Year: 1992
Methods, Conflict management, Dispute resolution (Law)

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Using employment contracts

Article Abstract:

Most small-business employers are unaware that they are as legally bound by 'oral and implied' contracts with their employees as they would be by formal written contracts. The proper use of written contracts could prevent future misunderstandings, as well as provide a tool for personnel management. Employers must prepare a contract which defines the primary duties of employees to the company . The instrument must have clauses which allow both flexibility and stability in empowered personnel and business management.

Author: Gaus, William
Publisher: Thomson Financial Inc.
Publication Name: Small Business Reports
Subject: Business, general
ISSN: 0164-5382
Year: 1992
Interpretation and construction, Human resource management, Contracts, Labor contracts

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Subjects list: Management, Small business
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