QuestionBA 3301 Legal Environment of Businessdiscussion

BA 3301 Legal Environment of Business

Arbitration. Focus on the downside.

Arbitration is secret.
If you file a suit you can get discovery…read what that is in the book. I can find out how many other consumers have been screwed by this company before me…can increase my damages…and a jury hears the problem and can award me a judgement..emotion comes into play…Not with your arbitrator…

don’t get discovery in arbitration…
If I am building a pool and want to check up on prior problems with this pool company, none of his arbitrated disputes are on records…AND I cannot sue if I am bound to arbitration…so it never becomes public…

Read one of your contracts disucss the limitation of your rights you find…

You are under an arbitration clause in many of your transactions. I always ask the class who is a party to an arbitration agreement. I usually get one hand up.
If you own a cell phone, credit card, an electric bill, subscribe to cable you probably are bound to an arbitration agreement. All big companies dealing with the consumer have them in their contracts. It puts you at a disadvantage.
It costs at least $2000 – $6000 or more to arbitrate.
Arbutrators tend to side with the people who use them most because they want to get picked to arbitrate.

If you file a court case against a company or they against you there is a public record of the dispute..

Q2

My kids favorite subject—Medicinal Marijuana.

When we hear people argue for State’s rights it is usually by conservatives demanding the Supreme Court stay out of their abortion laws, gun laws, voting laws, immigration laws, health insurance laws….but there is another big issue.

This is not about marijuana this is about the Supremacy Clause of the Constitution. What about the Federal Government wanting to override state law.
Federal Law Rules but Marijuana is legal in one form or another in 21 states and DC …some conservative states….(see slide 3)..

Here I thought Obama was going to leave the state alone and I read the justice department has sent out warning to the States where Marijuana is legal for medical purposes. I wonder if the Federal government is going to send in enough DEA agents to enforce the law? Of course not, they want the states to do it for them… kind of like immigration…

Do we need uniform laws throughout the states for abortion/guns/immigration/voting/divorce/marriage/marijuana???

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