STUDY OF AMICABLE SETTLEMENT AS A VIABLE ALTERNATIVE FOR CONFLICT RESOLUTION

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Focusing on amicable composition, this study highlights its potential as an alternative dispute resolution method within Ecuador's legal framework. By comparing it with various international legislations, the paper emphasizes its autonomous and flexible nature, distinguishing it from arbitration and other mechanisms. Amicable composition leads to binding decisions, effectively resolving conflicts and invoking res judicata. The work advocates for its inclusion in Ecuadorian law, presenting it as a novel and accessible approach that prioritizes the autonomy of the parties involved.