Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


The Preparation of Business Contracts is based on the Law As well As Alternatives to Business Dispute Resolution

Author(s): Ariawan

Over time business is increasingly exploding among millennials, in running a business the thing that is much avoided is the risk of loss in business. Therefore, a law is needed as a guideline for doing business. Business law is any order-legal order, whether recorded or unrecorded, which manages the privileges and obligations that exist due to agreements and engagements that occur in business realization. In a business contract there are times when there is a dispute. To be able to resolve the dispute, the parties will choose the authorized institution, in resolving the dispute can be resolved through the litigation agency and also outside the litigation. Alternative Dispute Resolution is one of the procedures for out-of-court settlement, consisting of mediation, negotiation, arbitration, conciliation and consultation.

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