500 words. Alternative Dispute Resolution: Contracts .Many companies require that prospective employees sign contracts with mandatory arbitration provisions. Briefly summarize the concept of a mandato

500 words. Alternative Dispute Resolution: Contracts .

Many companies require that prospective employees sign contracts with mandatory arbitration provisions. Briefly summarize the concept of a mandatory arbitration provision, and then discuss whether such a practice is a fair and ethical business practice. What role does the bargaining power of each side play in this form of alternative dispute resolution?