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Home Q & A Board Humanities Legal Studies
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mirandaisaacs mirandaisaacs
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6 years ago
Ellen contracts with James to be her stockbroker, making stock trades for Ellen's account. Ellen need not pre- approve the trades that James makes, only trades for more than 20,000 . Ellen and James include a clause stating that in case of any disputes arising out of this contract; the dispute shall be arbitrated using the rules of the New York Stock Exchange. Ellen learns that since signing her contract with James, he has routinely been making trades worth more than 20,000 without her permission, and losing money. If Ellen takes her dispute to the local court, according to the Federal Arbitration Act, what should happen?
 a. the court will hear the case
  b. the court should dismiss the case
  c. the court will hear the case, but only if both parties disagree as to the subject matter d. the FAA will not apply here, because the dispute involves intangible property
  e. none of the other choices
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csaenz4csaenz4
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#1
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6 years ago
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mirandaisaacs Author
wrote...

6 years ago
Good timing, thanks!
Tabitha.davis
wrote...

Yesterday
Helped a lot
Natalie Price
wrote...

2 hours ago
Thanks
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