The laws of Switzerland shall apply to the use of this article. This article is provided for infomational purposes only and does not purport to provide legal advice. No implied or express warranties are provided and the author declines responsibility for any errors of ommission or commission.
Disputes arise because of perceived differences in interests.
That is, if there is an interaction between two or more people or companies, and one person believes that his or her interests are not identical to those of the others, there will be a dispute. The best way to prevent disputes from arising is to make sure that each party knows what the other party wants and to capture in clear, unambigous writing any agreements between the parties. Increasing each party's knowledge about the other decreases the chance of a dispute arising because of a misunderstanding. Similarly, relying on business practices that are universally used in a certain industry or region will reduce the number of disputes. Disputes can easily arise when the parties don't know each other well, when they are engaging in new forms of business, or when they come from different cultures.