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- W3185489114 abstract "There has been, and currently is, legitimate concern over the use of adhesion contracts that force consumers to accept arbitration to resolve future disputes, including personal injury claims as well as contractual claims, out of their purchases of consumer goods. Frequently, one cannot purchase car, apply for credit card, open checking or savings account in bank, purchase stock on major stock exchange, or take cruise trip on major cruise line without having to accept non-negotiable contract that contains an arbitration clause mandating the arbitration of any and all disputes out of that contract. Further, it is not unreasonable to expect that someday soon attorneys who work in law firms, like stock brokers, will be forced to sign employment contracts that contain non-negotiable arbitration clauses.Therefore, many Americans, regardless of their social and economic backgrounds, will one day be denied jury trial by their peers because they have previously been forced to sign adhesion contracts with arbitration clauses. Importantly, some states have enacted statutes to protect their citizens, including statutes prohibiting the arbitration of disputes from both consumer contracts and from employment contract. However, the federal government has intruded into states' abilities to protect their citizens, principally through the terms and conditions of section 2 of the Federal Arbitration Act (FAA) which makes an arbitration agreement in a contract evidencing transaction involving commerce, valid, irrevocable, and enforceable for both existing and future disputes arising out of such contract [or] transaction. Through statutory interpretation, the Supreme Court, in Southland Corp. v. Keating, has interpreted section 2 of the FAA so that the statute is applicable in both federal and state courts, and in such way that it preempts any state law that specifically regulates arbitration agreements and their potential abuses. This Article argues that the Court should both reconsider and overrule Southland's statutory interpretation of the FAA." @default.
- W3185489114 created "2021-08-02" @default.
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- W3185489114 date "2002-01-01" @default.
- W3185489114 modified "2023-09-26" @default.
- W3185489114 title "The Federal Arbitration Act: The Supreme Court’s Erroneous Statutory Interpretation, Stare Decisis and a Proposal for Change" @default.
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