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:

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage rate.

Bank

A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals or businesses.

Present Value

The modern equivalent value of a future monetary sum or cash flow sequence, with an established return rate.

Interest Rate

The percentage charged on a loan or paid on deposited funds, representing the cost of borrowing or the gain on savings.