2 ms·
> You cannot unknowingly agree to binding arbitration either. I'm pretty sure that's not true. Hasn't Wells Fargo managed to use binding arbitration clauses t
by DashRattlesnake 10y ago
> You cannot unknowingly agree to binding arbitration either.
I'm pretty sure that's not true. Hasn't Wells Fargo managed to use binding arbitration clauses to successfully dodge lawsuits about the accounts they fraudulently opened?
https://www.nytimes.com/2016/12/06/business/dealbook/wells-fargo-killing-sham-account-suits-by-using-arbitration.html https://www.nytimes.com/2016/12/06/business/dealbook/wells-f...
Those contracts are large, rarely read, often use lots of technical jargon, and are subject to being unilaterally changed by the issuing party. Hardly anyone understands everything they're "agreeing" to.