If and when there has been any infringement and breach in the contracts, companies take full advantage of the situation because the customer has legally signed the agreement and any appeal process to the case is not acceptable. Obviously, corporate motivation is firm and consumers are ripped off their rights to avenge and defend themselves from the deceptive clauses in the signed contract even when these poor customers have been defrauded by these telecom companies.
Woodwalton, Huntingdonshire -- (SBWIRE) -- 11/24/2015 -- With the latest development in the corporate law, companies have been working their way for people, particularly consumers to sign a contract that misleads people to give up their rights to legally go to trial in the court of law. And most telecommunication companies that offer contract phones no credit check policy are in no way different from other industries and business in terms of implementing this scheme; this process is called arbitration. Although this is legally allowed by the state, it poses a great risk for abuse of power of the companies over their consumers; hence this should be imperatively put to a stop.
Thousands of contracts or agreements are being signed with people not knowing the possible risks of losing their right to go through due process if any terms in the contract have been violated; same is true when people sign up for a phone and connection subscription especially with popular and reputable telecom companies to avail of their best smartphone deals. People are extremely enticed with the tempting deals of owning one of the latest innovative gadgets in the market and the network connection and data plan that comes with it; the only thing is that these people may not be aware that there are arbitration clauses written within the contract.
In addition to this, the contracts being served to the consumers also include other clauses that ban groups of people to file lawsuits against the company. In line with this, the reason that this has become a controversy based on the three-part investigation conducted by the New York Times just recently is that the arbitration clauses written in most contracts do not actually protect consumers' rights, but it definitely works for their own advantage.
If and when there has been any infringement and breach in the contracts, companies take full advantage of the situation because the customer has legally signed the agreement and any appeal process to the case is not acceptable. Obviously, corporate motivation is firm and consumers are ripped off their rights to avenge and defend themselves from the deceptive clauses in the signed contract even when these poor customers have been defrauded by these telecom companies. The worst thing about this is that some companies take full advantage and use arbitration clauses for financial gains.
As a solution, people should be more cautious and get into every detail before signing any agreement or contract because signing it would put them in peril of losing their legal rights to go to trial.
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