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Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 7
Gruhn was fraudulently induced to make a large stock purchase from a broker who was a member of the New York Stock Exchange. The stock was actually of little value. Claiming damages of $75,000, Gruhn agreed to arbitrate her case under the New York Stock Exchange rules. Without explanation, the arbitrator awarded her $500. Can Gruhn appeal her case to a court of law?
Explanation
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Facts:
In the case Gruhn v. New York St...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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