VIDEO: Can You "Like" Away Your Right To Litigation?

Recently, General Mills (makers of Cheerios and Toaster Strudel) modified their legal policy so that if a customer "likes" them on social media, or downloads an online coupon, that customer gives up all rights to take legal action against the company. Well, after the inevitable Internet outcry, General Mills has reversed their policy, saying that people "misread" the new wording and they never intended to take away anyone's right to sue.

In this brief — yet lively — video, our experts discuss if this is the future of online interactions and whether or not companies have the right to have such a clause.

What about you, readers? Do you think companies have the right to ban you from suing them, simply because you "like" them on Facebook? Tell us in the comments below!

• VIDEO: How Much Private Info Do You Trade For Goods and Services?
• Supreme Court: Airlines Can Boot Whiny Frequent Fliers
• I Guarantee It: Companies That Still Offer Amazing Warranties