What Is an Example of a Class Action Lawsuit

question 82

Multiple Choice

What is an example of a class action lawsuit?

• A) any case decided by the U.S. Supreme Court that affects an entire class of people
• B) Bush v. Gore, which ruled on the Florida recount process in the 2000 presidential election
• C) Chisholm v. Georgia, which ruled that a citizen of one state could sue another state in federal court
• D) Citizens United v. Federal Election Commission, which ruled that corporations were entitled to use treasury funds for independent spending in campaigns
• E) the 1.5 million current and former female Walmart employees who recently sued Walmart for sex discrimination

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Definitions:

Profits Decline

A decrease in the net earnings of a company over a specific period compared to previous periods, often reflecting challenges in operations or sales.

Competition

The rivalry among businesses to capture sales, market share, and customer loyalty in a particular market or industry.

Theoretically

Pertaining to or based on a theory; an explanation or system of ideas intended to explain something, especially one based on general principles independent of the thing to be explained.

Product Life Cycle

The process through which a product goes from when it is first introduced into the market through its decline or discontinuation.