Most People Should Never Agree to Arbitration
Almost every adult has signed a contract with a clause requiring arbitration in the event the parties are unable to resolve a conflict relating to the contracted goods or services. These mandatory arbitration agreements often appear in contracts relating to employment, credit cards, car rentals, contractor services, phone services, car loans, home-building and investment accounts. An overwhelming majority of the time, companies include forced arbitration clauses in their contracts to gain an advantage over individuals and consumers.
