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Alternative Dispute Resolution Law

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Does This Affect How You Resolve A Dispute?

You bet! In the wake of the court rulings, many businesses, ranging from sellers of goods, to credit grantors to security brokers, put clauses in their contracts whereby their customers agree in advance to resolve any dispute through binding arbitration. Even if a state securities law or credit code says that a certain practice violates the law and the customer can sue under that act for damages, the contract controls.