Sofia is considering Daniel as an independent contractor to do clean up and maintenance for her building, which has several tenants. She is aware that Daniel has sued some previous building owners. He does a good job, however, and she would like to hire him. Daniel has agreed to sign an arbitration agreement. What should Sofia do to have a binding agreement that will be enforced?
1. Signing arbitration typically means entering into a contract in which two parties agree that certain disputes will be decided in arbitration and not litigation.
2. In general it means the signed party or the employee gives up the rights to go to the court if there are any disputes and get it solved through the arbitration which is a private dispute resolution panel.
3. According to the federal arbitration act few requirements should be fulfilled for an agreement to be enforced like
a. The agreement should be in writing.
b. It should be included as a part of valid contract under 9USC section 2.
c. Only when the above two requirements are fulfilled this agreement shall we valid irrevocable and enforceable and hence Sofia has to get all this done.
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