Which of the following statements is true of the Arbitration Fairness Act?
A)Congress could set new policy regarding fairness in dispute resolution.
B)It bestows more advantages to business houses.
C)Congress has no law to limit the use of mandatory arbitration.
D)It validates mandatory arbitration requirements for consumers in business to consumer disputes.
E)Congress has no role in defining the policy.

Question

Quizplus · Accepted Answer

The Arbitration Fairness Act is a legislation introduced in the US Congress to set new policies that ensure fairness in dispute resolution. The Act aims to limit the use of mandatory arbitration by corporations and protect consumers and employees' rights to sue in court. The Act seeks to eliminate the requirement of mandatory arbitration in situations such as employment, consumer, and franchise disputes. Hence, option A is the correct answer.

Which of the Following Statements Is True of the Arbitration