Forum Discussion
soren
Dec 03, 2015Explorer
PA12DRVR wrote:
This topic is laden with a bunch of horsefeathers.
...but don't assert that binding arbitration is "breaking the law" or "giving up your rights".....by signing that sales agreement, the purchase AGREED to binding arbitration. If the purchaser didn't read the fine print, how is that characterized as "giving up your rights"?
All of that being said, when I was active in the game, we always recommended that commercial contracts use mediation followed by litigation as the dispute resolution mechanism. Arbitration is a bit of the worst of both worlds: lacking many of the procedural protections and settled law aspects of litigation while having expense and time costs far in excess of informal dispute resolution.
LOL. You can't even agree with yourself. Yes, binding arbitration is giving up your right to due process, and you are well aware of that fact. As evidenced by your final paragraph. Given strong lemon law protection in my state, I have little interest is the unlikely event of dealing with arbitration during a vehicle purchase, but there are many other, more significant transactions, where I simply isn't something I would be willing to expose myself to. It's a fraudulent set up that protects the guilty, and prevents meaningful reform when used to protect corporations from deliberately and repeatedly harming the public.
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