In the Text Case AT&T Mobility LLC V

question 37

Multiple Choice

In the text case AT&T Mobility LLC v.Concepcion,why did the U.S.Supreme Court majority believe that the case was subject to arbitration?

• A)Disputes involving such nominal amounts,such as the $30.22 the plaintiffs claimed,are better suited for arbitration.
• B)Contract provisions requiring arbitration of claims on an individual basis are both permissible and enforceable under the Federal Arbitration Act,which takes priority over any conflicting state law.
• C)The applicable state law and the Federal Arbitration Act required the plaintiffs arbitrate their claims,despite any provision stated in the contract.
• D)The plaintiffs' claim did not meet joinder requirements to join the class action.

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Definitions:

Elastic Supply

A scenario in which the amount of a product available for sale markedly changes in response to its price adjustments.

Social Security Tax

A tax levied on both employers and employees to fund the Social Security program, which provides benefits to retirees, disabled workers, and survivors of deceased workers.

Withholding Rate

The percentage of an employee's income that an employer holds back for tax purposes before paying the employee.

Labor Elasticity

The responsiveness of the quantity of labor supplied or demanded to changes in wages or employment conditions.