A Class-Action Lawsuit

question 27

Multiple Choice

A class-action lawsuit

• A) involves one litigant.
• B) involves many litigants.
• C) is banned in most states.
• D) is a poor way to provide accountability and justice in our economic system.

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Definitions:

Article 2

A section within the Uniform Commercial Code (UCC) that deals with the sale of goods in the United States.

Ucc

The Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.

Oral Contract

A verbal agreement between parties that is legally binding, although difficult to prove in court without witnesses or supporting documentation.

Written Confirmation

A document that provides proof of an agreement or transaction, detailing the specific terms and conditions agreed upon by the parties involved.