Congress has endorsed the use of arbitration as the preferred dispute resolution method in matters governed by federal law.

Question

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The Federal Arbitration Act (FAA) was passed in 1925, and it provides that arbitration is a preferred method of resolving disputes governed by federal law. Congress has also passed other laws that endorse the use of arbitration, such as the National Labor Relations Act and the Securities Exchange Act.

Congress Has Endorsed the Use of Arbitration as the Preferred