MCS 3040 Chapter Notes - Chapter 4: Alternative Dispute Resolution, Counterclaim, Formal Methods
Document Summary
Alternative dispute resolution: a range of options for resolving disputes as an alternative to litigation. Negotiation: a process of deliberation and discussion intended to reach a mutually acceptable resolution to a dispute. Mediator: a person who helps the parties resolve their dispute. Arbitrator: a person who listens to the parties to a dispute and makes a ruling that is usually binding on the parties. Plaintiff: the party that initiates a lawsuit against another party. Limitation period: the time period specified by legislation for the commencing legal action (2- Class action: a lawsuit launched by one person who represents a class of persons having similar claims against the same defendant. Pleadings: the formal documents concerning the basis for a lawsuit. Claim: the formal document that initiates litigation by setting out the plaintiff"s allegations against the defendant. Defence: the defendant"s formal response to the plaintiff"s allegations. Counterclaim: a claim by the defendant against the plaintiff.