Business law

5. A process by which a neutral third party who is acceptable to both sides assists them in reaching a settlement by clarifying issues
8. a change in one or more terms of contract with mutual consent of parties
10. What is one that is granted by the judgment that ultimately disposes of the injunction suit, ordered at the time of final judgment
11. the intentional giving up of a right which a persons entitled under a contract
12. A process where the parties agree to be bound by the decision of a neutral third party who adjudicates the matter

1. the acceptance of a lesser consideration than what was mentioned in the contract
2. What is a provisional remedy that is invoked to preserve the subject matter in its existing condition
3. what does not involve a third party, nor is there any guarantee of binding resolution
4. What means that the parties to a legal dispute work out their differences and enter into an agreement to resolve the situation. The benefit of a settlement is that the parties maintain control over the outcome of the dispute
6. the person against whom the complaint is filed
7. the cancellation of a contract by all parties with mutual consent
9. the replacement of an existing contract by a new contract. The new contract may be formed between the same parties or new parties. Thus, an old contract is discharged and a new contract come into existence