Because the Courts Have Defined Interstate Commerce Broadly, Arbitration Agreements

question 53

True/False

Because the courts have defined interstate commerce broadly, arbitration agreements only slightly connected to interstate commerce may be enforced.

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Definitions:

Operations

Operations refer to the day-to-day activities involved in the running of a business for the purpose of producing value for the stakeholders.

Useful Life

The estimated time period that an asset is expected to be usable for the purpose it was acquired.

Maintenance

The act of keeping an asset in good condition through regular check-ups and repairs to ensure its proper function and prolong its life.