2301.S06 >Files> Homework -Consumer Arbitration Clauses.docx Homework -Consumer

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2301.S06 >Files> Homework -Consumer Arbitration Clauses.docx Homework -Consumer Arbitration Clauses.docx Download Homework-Consumer Arbitration Clauses.docx (2.35 KB) ZOOM+ DISCUSSION TOPIC: Should there be restrictions on arbitration clauses in consumer contracts? What about other types of contracts? Weigh the pros and cons for businesses and consumers. WRITTEN COMPONENT: Read the Consumer Arbitration article posted on my website. Then, find your own article about consumer arbitration clauses. Summarize the article in 2-3 paragraphs, and include a cite to your source. Be prepared to discuss your article in class. ns Papers exceeding one page must be stapled. Summaries to be turned in at the beginning of class. 4 Previous

Explanation / Answer

There should be restrictions on arbitration clauses for contracts specific products. This includes important products like bank accounts and a credit cards. This makes it difficult i for the people to file a case and take companies to the court if anything goes wring. The arbitration makes it difficult for people to take actions. The clauses reveal that the company or the consumer require privately apoiinted individuals except cases that are brought by privately appointed courts. The arbitrations for few clauses should be excluded. This will help people to file cases against companies that are troublesome t. The clauses do not allow consumers their day in court . The arbitrations make it difficult for consumers to fight against the violations that the companies do .

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