The Pros And Cons Of Arbitration Agreements

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Historically, Arbitration Agreements were a part of commercial business contracts. In 1925,The Federal Arbitration Act, or the FAA passed; giving employers the right to enact Arbitration Agreements in the workplace as a means of cutting the cost of litigating lawsuits in court. However, under the Unconscionable Contract or Clause.§ 2-302 ; Arbitration Agreements are not binding when entered or signed under duress and when unconscionable. The definition of an unconscionable is an unbalanced, one-sided, favoring of the party over another that has the superior bargaining power. Therefore, such contracts and agreements are unenforceable by law.

Arbitration Agreements and Acts of Violence Consequently, Arbitration Agreements are not enforceable

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