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CIPS Exam A8 Topic 1 Question 56 Discussion

Actual exam question for CIPS's A8 exam
Question #: 56
Topic #: 1
[All A8 Questions]

Which of the following best describes litigation as a means of settling disputes between buyer and seller?

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Suggested Answer: B

by Erin at Apr 26, 2024, 04:57 AM

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Renay
7 months ago
I agree with Eva, I think litigation is an adversarial action regulated by the country's laws.
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Brinda
8 months ago
I think option C is the most accurate, as it involves legal action in court.
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Staci
8 months ago
I believe litigation is a form of expert determination using a third party.
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Milly
8 months ago
I think both answers could be correct, depending on the specific situation.
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My
8 months ago
I disagree, I believe it is an adversarial action under rules established in a country's constitution.
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Joaquin
8 months ago
I think litigation is often used in international contracts.
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Marshall
8 months ago
D) It is a form of expert determination using a third party.
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Derick
8 months ago
What about using an expert to help determine the outcome?
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Marshall
8 months ago
Ideally, yes. But sometimes litigation is necessary when parties cannot come to a resolution on their own.
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Lonny
8 months ago
B) It is an agreement between both parties resulting from amicable discussion
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Derick
8 months ago
But isn't it better to resolve conflicts through discussion and agreement?
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Marshall
8 months ago
That's right, especially when there are disagreements between parties from different countries.
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Lonny
8 months ago
A) It is often used in international contracts
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Derick
8 months ago
So, it's basically when both parties go to court to settle their dispute?
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Marshall
8 months ago
C) It is an adversarial action under rules established in a country's constitution
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