A group claiming a violation of consumer protection laws may seek redress by bringing a(n)
a. derivative action.
b. individual action.
c. class action.
d. pro bono proceeding.
C
You might also like to view...
The owner of 500 shares of stock of a corporation with 25,000 shares of stock outstanding has a 2% interest in the total stockholders' equity. If a 20% stock dividend is declared and distributed, that stockholder would own which of the following number of shares?
a. 500; b. 525; c. 550; d. 600; e. 5,000
Since audits are paid for by audited clients, there is an inherent conflict found in that financial arrangement.
Answer the following statement true (T) or false (F)
A product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfy consumers' needs and is received in exchange
A. for providing value. B. for a person's time and effort. C. only for barter. D. for money or something else of value. E. only for legal tender (money).
Baxter obtains a check payable to his order from Chanel. For Baxter to negotiate this order instrument to Darlene requires
a. indorsement and delivery. b. assignment and a promise to pay. c. presentment and dishonor. d. good faith and value.