Sample Essay on:
Dispute Resolution in Chile

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Essay / Research Paper Abstract

This 6 page paper examines Chile as a country in which one might want to do business. The business climate is explored in relation to potential disputes. Dispute resolution is discussed. Bibliography lists 12 sources.

Page Count:

6 pages (~225 words per page)

File: RT13_SA623Chl.rtf

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Unformatted sample text from the term paper:

specific techniques can result in favorable outcomes. The quick resolution of disputes is a part and parcel of any organization or agreement between organizations. Sometimes, litigation results, but by and large, many dilemmas can be handled within the scope of the business environment. Alternative methods of dispute resolution may be employed in many situations. Alternative Dispute Resolution (ADR) as a model, has its roots in the 1960s ("ADR Group," 2005). It was first suggested for small claims issues and family court proceedings ("ADR Group," 2005). This makes sense. Avoiding litigation is something that most people want to do, but particularly when it pertains to minor issues. Within the business world, it is used to help organizations cope with the rising cost of litigation and possibly to provide a better management model for staff. Methods of dispute resolution abound in the United States and there are certain ways in which people conduct business, but what if the business is taken overseas? Does protocol change? There are no simple answers, except for the fact that certainly, the answer will depend upon the country in question. When it comes to resolving contractual conflicts in Chile, what are some things that U.S. corporations are likely to do? A student writing on this subject also asks: "Is there an arbitration process and how does it work? Are the arbitrators from neutral countries? Are the arbitrator decisions enforceable? Are Chilean dispute resolution polices, procedures and laws similar to U.S. dispute resolution policies, procedures and laws, as it relates to corporations doing business in Chile?" Before answering the questions, it pays to quickly look at Chile as a country. What type of nation is it? Today, as Silva (1996) puts it, it is "a paradigm for free market economic reform and ...

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