Examlex
Several merchants signed a binding arbitration agreement with American Express Co. The arbitration agreement included a clause prohibiting class action arbitration. Later, after a serious dispute arose involving a federal statute, the merchants wanted to pursue class action arbitration against American Express arguing that it would be too expensive to pursue the claims individually. Assuming the Federal Arbitration Act applies, how should a court rule on the issue?
Schema
A schema is a cognitive framework or concept that helps organize and interpret information, allowing individuals to understand and predict the world around them.
White Coat
White coat traditionally symbolizes the attire worn by medical professionals, and may also refer to the "white coat effect" where patients exhibit elevated blood pressure readings in clinical settings due to anxiety.
Judging a Book
A metaphorical phrase suggesting that one shouldn't prejudge the worth or value of something by its outward appearance alone.
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