A federal consumer protection agency has locked horns with Wall Street over whether the financial service industry's
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Question:
A federal consumer protection agency has locked horns with Wall Street over whether the financial service industry's widespread practice of requiring consumers to submit toarbitrationandgive up their right to a jurytrialis constitutional. As a class, we will use this debate as an opportunity to practice dissecting and assessing the strengths and weaknesses of each side's argument:
- Read the positions of each side of the debate:
- T(Links to an external site.)he Consumer Financial Protection Bureau(Links to an external site.) https://www.consumerfinance.gov/about-us/newsroom/cfpb-study-finds-that-arbitration-agreements-limit-relief-for-consumers/
- The U.S. Chamber of Commerce(Links to an external site.)(Links to an external site.) https://www.uschamber.com/lawsuits/arbitration/protecting-consumers-right-arbitration
- Evaluate the structure and merits of each argument, contributing your assessment and appropriate rationale from the readings to the discussion.
- You are also encouraged to scan the news for a pertinent story or opinion piece and weave it into the discussion, commenting on itsrelevancebecauseof content or because of a similar argument structure to the arguments presented in the two readings.
Related Book For
Business Ethics A Stakeholder And Issues Management Approach
ISBN: 9781523091546
7th Edition
Authors: Joseph W. Weiss
Posted Date: