Commercial Proceedings/Setlement of Claims throgh Computers

Question 1

What is the definition of commercial proceedings through the use of computers?

Answer 1

Commercial proceedings involve using computers to manage legal processes and resolve business disputes or claims more efficiently, transparently, and cost-effectively.

Question 2

How do computers facilitate commercial proceedings?

Answer 2

1. Enable secure data storage and retrieval
2. Support instant communication and collaboration
3. Allow virtual meetings for real-time discussions
4. Automate claims filing and processing
5. Speed up invoicing and order fulfillment

Question 3

What is the importance of settling claims through computers?

Answer 3

1. Cuts legal costs by 50–80%
2. Improves accuracy using AI analysis
3. Prevents fraud with smart verification
4. Strengthens business relationships through resolution
5. Protects rights by providing legal redress

Question 4

What are the challenges of settling claims through computers?

Answer 4

1. Risk of technical failures and cyber threats
2. Lack of human interaction may hinder trust
3. Some users face digital literacy issues
4. Raises data privacy and confidentiality concerns
5. System glitches may affect the fairness of outcomes