I've sent stuff back for that sort of thing. Often, I'll look at a EULA and decide I don't want it. Mandatory arbitration with anybody other than the American Arbitration Association is a killer.
2. If you do read it, it is a long document in difficult and intentionally misleading legalese, where you can easily miss something.
3. If you don't agree to the terms, and return it, does the company pay for the shipping? Even if they do, you have now wasted a fair amount of time on this product you won't actually use.
4. Depending on the product there may not be anything on the market that has an acceptable EULA. In part due to the fact that few enough people read the EULA that companies can afford to lose business from the people who do.