Manufacturer-Sponsored, Certified Arbitration at Law Glossary
What is it? In order for a manufacturer-sponsored arbitration program to be certified in most states, it must meet the following requirements of the Federal Trade Commission (FTC) for mediation procedures it must be free of charge; it must be non-binding to the consumer; its decisions must, in general, be given within 40 days after receipt of the buyers complaint; and its decisions must be free from the influence of the manufacturer.Legal Definition Added By: Ian
The Manufacturer-Sponsored, Certified Arbitration definition has been viewed 628 Time(s)!
Send To Friends!
If you'd like to send the Manufacturer-Sponsored, Certified Arbitration definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Manufacturer-Sponsored, Certified Arbitration. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Law Terms:
Legal Term U.S. Person is An individual who is either a U.S. citizen or who is an alien residing in the U.S. for tax purposes.Legal Term Malice is Intent to commit a wrongful act without justification for doing so.
Legal Term Actuary is An expert trained in the mathematics of insurance and is responsible for the calculation of reserves, premiums, and other values.
Legal Term abused child is A child who has been physically, sexually, or mentally abused. Most states also consider a child abused who is forced into delinquent activity by a parent or guardian.
Legal Term Magnuson-Moss Act is The Magnuson-Moss law is a federal law giving consumers substantial rights in dealing with manufacturers of lemon cars.