Examlex

Solved

Discuss What a Class Action Lawsuit Is,including a Brief Description

question 18

Essay

Discuss what a class action lawsuit is,including a brief description of the requirements that must be met under legislation passed in some provincial jurisdictions that would enable a class action law suit.Also include a brief explanation of how a determination is made as to whether a class action may proceed in a province that has not passed specific legislation governing the process.


Definitions:

Sensitivity Analysis

A technique used to determine how different values of an independent variable will impact a particular dependent variable under a given set of assumptions.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project, calculated by subtracting the present value of cash outflows from the present value of cash inflows.

Sales Forecast

An estimate of the amount of sales that a company expects to achieve in a certain period.

Discount Rate

The interest rate used to discount future cash flow to its present value, reflecting the time value of money and risk of the cash flow.

Related Questions