Critics of Class Actions Say That the Legislation Encourages Frivolous

question 59

Essay

Critics of class actions say that the legislation encourages frivolous lawsuits that are expensive to defend.Explain the benefits of class actions.

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Definitions:

Payee

The party in a transaction who receives the payment.

Properly Delivered

Pertains to goods or documents being conveyed to the correct recipient in good condition and within the agreed timeframe.

Bearer Paper

A negotiable instrument that is payable to whoever holds the document; the physical possession of the document is the only requirement for entitlement to payment.

Stop Payment Order

A stop payment order is a request made to a bank or financial institution to cancel a check or payment before it is processed or cashed.