Law 421 Week 1 Dq1 Essay

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Discussion Questions One LaShanda Prejean LAW 421 Peter Derouen March 5, 2013 Discussion Questions One 1. To what extent does succession planning—such as for wills, estates, and trusts—affect business? How might these legal topics interact with your current or past job or industry? Every company succession plan carries the three bases that are will, trust and estate. The will, trust and estate provided a financial security and help plan the future. The purpose of the succession planning is it helps in organizing wealth that is transferred from one generation to the other. With assist from experts regarding disputes of lands that is in wills and estates helps manages and settling down any disputes.…show more content…
The President approves and carries out laws passed by the legislative branch. He appoints or removes cabinet members and officials. He negotiates treaties, and acts as head of state and commander in chief of the armed forces. 3) (The judicial branch) oversees the court system of the U.S. Through court cases, the judicial branch explains the meaning of the Constitution and laws passed by Congress. The Supreme Court is the head of the judicial branch. Unlike a criminal court, the Supreme Court rules whether something is constitutional or unconstitutional—whether or not it is permitted under the Constitution. 3. What are some examples of alternative dispute resolutions (ADRs)? What are the advantages and disadvantages associated with ADR versus litigation? What are some examples of arbitration that can occur in your professional and personal life? Explain. Alternative Dispute Resolution (ADR) is an increasingly popular option that allows people to resolve disputes outside of court in a cooperative manner. ADR can be faster, cheaper and less stressful than going to court. [Most importantly, the use of ADR can provide greater satisfaction with the way disputes are resolved. ADR has been gradually evolving within the Fresno Superior Court for the past several years. In 1999 the Court recognized a need for greater public access to dispute resolution for cases and established an ADR Department. This

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