ACCT350 Lecture Notes - Lecture 5: Alternative Dispute Resolution, Summary Judgment, Jury Trial

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Judicial dispute resolution: another term for litigation because courts are used to decide the case. Alternative dispute resolutions are being used more and more to resolve contract disputes. Pretrial litigation process: pleadings: the paperwork filed with the court to initiate and respond to a lawsuit. The plaintiff must file a complaint in the proper court. After that the court issues a summons demanding the defendant appear in court. If others are interested in the specific lawsuit they can intervene, causing an intervention. A class action is when a group of plaintiffs bring a lawsuit to one defendant. A statute of limitations establishes the period during which a plaintiff must file a lawsuit: discovery: when each party engages in activities to discover facts of the case. Then there is a deposition which is an oral testimony given by a party or witness before trial. The person giving the deposition is called the deponent.

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