Will Ari Likely Be Bound by the Arbitration Provision That

question 45

Multiple Choice

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

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

---

Definitions:

Base Year

A reference year against which economic growth or inflation is measured, often using indices in real GDP calculations or price levels.

Structural Unemployment

A form of unemployment caused by a mismatch between the skills that workers offer and the skills demanded by employers, often due to technological changes or shifts in the economy.

Computer-Operated Machines

Computer-Operated Machines are devices controlled by computers to perform various tasks, increasing efficiency and precision in manufacturing and other industries.

Structural Unemployment

Occurs when there is a mismatch between the skills that workers in the economy can offer and the skills demanded by employers.