Will Jill Likely Be Bound by the Arbitration Provision That

question 11

Multiple Choice

Will Jill likely be bound by the arbitration provision that she can only receive $150 in damages?

• A) Yes, she signed the agreement.
• B) She will likely be bound only if the company can show that it has not made a substantial profit in the past 12 months.
• C) If an arbitration award on that basis is appealed, a federal district judge would likely find the provision unenforceable.
• D) She can avoid the provision if she testifies that she did not read it before signing the agreement.
• E) She will likely be bound unless she can show that the company made a misrepresentation to her.

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Definitions:

Household Bleach

A common cleaning and disinfecting agent made primarily of sodium hypochlorite, used in homes to sanitize surfaces and fabrics.

Cleaning Surfaces

The act of removing dirt, dust, or other impurities from surfaces to maintain hygiene and reduce the spread of infection.

Owner's Equity

The owner's residual interest in the assets of the company after deducting liabilities, representing the owner's stake in the business.

Total Assets

The sum of all assets, both current and noncurrent, owned by a business.