Imagine that you work for a startup manufacturer of “smart light bulbs” — bulbs that adjust to their environment and their user’s preferences to maximize efficiency and longevity.
The CEO and owner of the business comes to you and asks you about whether the business should include an arbitration clause in its sales contracts with either end users (consumers) or retailers or both.
The CEO/owner first wants you to explain what arbitration is to her in 200 words or less. Remember, she’s not a lawyer and has no particular legal training. Please limit your answer to 200 words or less.
There is a word count below the text area.
Imagine that you work for a startup manufacturer of “smart light bulbs” — bulbs that adjust to their environment and their user’s preferences to maximize efficiency and longevity. The CEO and owner of the business comes to you and asks you about whether the business should include an arbitration clause in its sales contracts with either end users (consumers) or retailers or both. The CEO/owner first wants you to explain what arbitration is to her in 200 words or less. Remember, she’s not a lawyer and has no particular legal training. Please limit your answer to 200 words or less.
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