Informative Advantages & Disadvantages of Arbitration (ADR)
LAW

Informative Advantages & Disadvantages of Arbitration (ADR)

Arbitration is a form of alternative dispute resolution (ADR). It is among different types of dispute resolution techniques that act as a means for different disagreeing or contesting parties to come to an agreement without resorting to litigation. It is adapted to not only help settle disputes but also to ease the burden of the court system itself. So let us look at the advantages and disadvantages of arbitration. WHAT IS ARBITRATION? The settling of a dispute between two parties by taking the help of an arbitrator is called arbitration. A person comprising a group of people chosen to settle the dispute is an arbitrator. According to the World Intellectual Property Organization, arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbit...
Prostate Cancer Treatments : Best Pros and the Cons List!
Health, Pros and Cons

Prostate Cancer Treatments : Best Pros and the Cons List!

The pros and cons are listed in this prostate cancer article. The prostate gland is the size of a lemon fruit. This is an exocrine gland that is below the bladder and in front of the rectum. The prostate glands monitor the urine and the secretion of semen that comes out during orgasm. The fluid of the prostate glands helps to supply nutrition to the semen to enable it to perform its activities better. At the time of orgasm, a milky white substance is produced that tends to protect the semen and the sperms travel in it. The contractions force the prostate to move the liquid to the urethra along with the sperms at the time of intercourse. Besides this, the prostate glands also help in controlling the urine output from the body by contracting and expanding whenever necessary. Prostate canc...
Advantages and Disadvantages of Video Conferencing
Technology

Advantages and Disadvantages of Video Conferencing

The dynamics of a workplace is in transition increasingly. With new technological innovations, we have had to navigate working digitally as well. One of the many things that are quintessential with meetings is video conferencing. Here are the advantages and disadvantages of video conference calls. What is Video Conferencing? Video Conferencing is the technology where a conference is conducted with two or more people at multiple locations for the purpose of communication. In other words, people participating in a video conference can see and hear each other through video and audio transmissions. This visual communication tool is used for increasing efficiency mostly in businesses to optimize and accelerate decision-making processes regardless of the participants' locations.  There are ...
Limited Liability Partnership (LLP) – Advantages and Disadvantages
Finance and Business

Limited Liability Partnership (LLP) – Advantages and Disadvantages

It has been increasingly observed that entrepreneurs have started opting for limited liability partnerships(LLPs). This combines the characteristics of both - a corporation and a partnership. So let us discuss some of its advantages and disadvantages. What is a Limited Liability Partnership? A limited liability partnership or an LLP is an alternative corporate business form.  It gives the benefits of limited liability of a company and the flexibility and ease of a partnership. In other words, some or all partners of an LLP have limited liabilities. Also, it continues to function even if the partners change. It includes some rights and duties for the partners which are regulated by an agreement between the partners. An LLP is a separate legal entity, liable to the full extent of its asset...
Advantages and Disadvantages of Mortgage
Finance and Business

Advantages and Disadvantages of Mortgage

Buying your own home is a dream that most adults dream of. The reason for this is because owning a house or a property has become a near impossibility with the real estate prices sky-rocketing. Now, thinking about a new house translates to thinking about getting a mortgage. So let us see what are the advantages and disadvantages of a mortgage. What is a Mortgage? In pure dictionary meaning, a mortgage is an agreement that allows an individual to borrow money from a bank or similar organization, especially to buy a house or the amount of money itself. It is a legal contract by which a loan is granted by a bank or a lender to a person with his or her property as security. The loan is repaid along with interest and other costs. The contract subsequently ends once the loan is repaid. But if ...
Certificate of Deposit Advantages and Disadvantages
Finance and Business

Certificate of Deposit Advantages and Disadvantages

A Certificate of Deposit or a CD is a savings certificate that entitles the bearer of the same to receive interest. The certificate bears a maturity date, has a fixed rate of interest, and is issued in any denomination. The CDs are generally issued by commercial banks and the tenure ranges from three months to five years. In case, you have some extra money you can invest the same in CD even for a relatively short period of time. CDs are safe investments that are generally suitable for cash amounts that you do not need for long periods. The returns on CDs are guaranteed, which means you are assured of getting your full invested amount in addition to the interest amount that the bank will pay you for your investment. Know More - Advantages and Disadvantages of using Debit Cards Advan...
Advantages of Social Media for Business
Finance and Business

Advantages of Social Media for Business

The internet is an ever-present entity in each and every one of our lives. It has helped bridge the gap between people and connected them to each other. Social media is one of the tools of the internet that connects people to each other. And social media for business is a concept that has gained popularity with a shift from traditional advertising strategies. Social media is the collective use of websites and computer applications that allow people to communicate and share information on the internet. This is done via different electronic devices like computers, smartphones, tablets, laptops, etc. It is a wonderful platform for applying marketing strategies for a business. Hence, this social media marketing (SMM) is becoming very popular these days. In other words, it is nothing but the...
Advantages and Disadvantages of Wireless Networks
Technology

Advantages and Disadvantages of Wireless Networks

Wireless Networks have become commonplace because of its seamless usability. Now there is no need to be constantly tethered to a wire or a cable. Knowingly or unknowingly, all of us have used wireless connection when connecting our laptops to a WiFi hotspot at an airport, hotel, or other public places. So now we will see the advantages and disadvantages of wireless networks. What are Wireless Networks? A wireless network uses radio waves to connect technological devices to the internet as well as your business network. It is a computer network that utilizes wireless data connections between network nodes. In other words, computers that are not connected with wires are called wireless networks. These networks help reduce the cost of cables which are otherwise used to connect the nodes. Th...