The Requirements for Certification in a Class Action Include

question 62

Multiple Choice

The requirements for certification in a class action include

• A)proof that the class action will be substantially less convenient than individual proceedings.
• B)proof that all of the claimants are being represented by the same law firm.
• C)a clearly defined class and most substantive issues are common to every claimant in that class.
• D)a payment of bond money to the court, to be used to pay for the defendant's costs if the claim is unsuccessful.
• E)proof that every potential member of the class has been personally notified of the proceedings.

Understand the concept of race as a social construct and its implications.

Analyze the relationship between race, class, and capitalism in the United States.

Recognize the impact of media portrayals on societal perceptions of race and class.

Identify the effects of policies that consolidate historic injustices along racial lines.

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Definitions:

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net identifiable assets.

Consolidation Approach

A method in accounting where the financial statements of a parent company and its subsidiaries are presented as one.

Parent-Company Method

A method of accounting wherein investments in subsidiaries are shown at cost or at fair value within the parent company's financial statements.

Ownership Risk

The risk of loss in value or return on investment due to changes in ownership structure or disputes over property rights.