Which of the Following Statements Is True of the Arbitration

question 25

Multiple Choice

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.

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Definitions:

Wrongful Charges

Wrongful charges refer to unfair or unjust accusations or fees imposed on an individual or entity without proper justification or evidence.

Unjust Gains

Profits or benefits obtained under unethical or illegal circumstances that are deemed unfair or illicit.

Exaggerated Advertising

Marketing practices that overstate the qualities, benefits, or effectiveness of a product or service.

Deceptive

Deceptive refers to actions or statements that are intended to mislead or trick individuals, often used in contexts involving fraud or misleading advertising.