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Many countries allow binding pre-dispute arbitration agreements if two businesses negotiate a contract with each other and agree to that. Countries get more sk
by jkaplowitz 8y ago
Many countries allow binding pre-dispute arbitration agreements if two businesses negotiate a contract with each other and agree to that.
Countries get more skeptical when it's in standard seemingly non-negotiable language from one of the businesses.
Most countries get very skeptical and often ban pre-dispute binding arbitration when one party is an employee or a consumer, especially if the other party drafted the language.
In the last few decades, the US has become the exception to that.
All countries I'm aware of (probably not including your country) will allow consumers and businesses to agree to arbitrate a dispute that has already arisen, with binding effect.