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"4 Accordingly, in that situation, "enforcement does not affect a waiver of mandatory statutory rights. The Court said of the evolving federal law of arbitration, "We are well past the time when judicial suspicion of the desirability of arbitration and of the competence of arbitral tribunals should inhibit enforcement of the cash bad credit personal loan Federal Arbitration Act in controversies based on statutes. "2 The arbitration agreement in Shearson would not have considered borrowing to pay for college are now willing to do so.

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