Joe is the CEO of the business, Joe's Inc. Joe's Inc employs many people. The company requires every employee to sign an arbitration clause and a confidentially clause regarding any claim against the company. Over the past 10 years, six employees have accused Joe of sexual harassment. Each employee was awarded damages in arbitration. Joe continues to act as the CEO. Which of the following is true about arbitration ? award damages
Joe is the CEO of the business, Joe's Inc. Joe's Inc employs many people. The company requires every employee to sign an arbitration clause and a confidentially clause regarding any claim against the company. Over the past 10 years, six employees have accused Joe of sexual harassment. Each employee was awarded damages in arbitration. Joe continues to act as the CEO. Which of the following is true about arbitration ? award damages
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Joe is the CEO of the business, Joe's Inc. Joe's Inc employs many people. The company requires every employee to sign an arbitration clause and a confidentially
clause regarding any claim against the company. Over the past 10 years, six employees have accused Joe of sexual harassment. Each employee was awarded
damages in arbitration. Joe continues to act as the CEO. Which of the following is true about arbitration ?
A. Arbitrators cannot award damages.
B. Arbitrations are as public as jury trials, and anyone can attend.
O C. Joe, Inc. is able to keep the arbitration awards private
D. Arbitration awards must be filed with and approved by a court.
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