Distinguish between Traditional Litigation in courts and under Arbitration rule.
E-commerce and cyberspace have revolutionized the way business is conducted, introducing new challenges and opportunities. When it comes to dispute resolution in this digital era, traditional litigation in courts and arbitration rules are two distinct mechanisms. Understanding the differences between these approaches is crucial for businesses engaged in e-commerce and operating in cyberspace.
Traditional Litigation in Courts:
Traditional litigation involves resolving disputes through the court system. When a party feels wronged, they file a lawsuit, and the case progresses through the court system. Here are key features of traditional litigation:
1. Formal Legal Process:
- Litigation follows a formal legal process with set rules and _________ ___ ________ _____ ______ _________ ____.
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