Which of the following statements about class action lawsuits is (are)true?
I.Law firms,rather than individuals who are injured,often initiate the lawsuit.
II.The cost of filing a single lawsuit on behalf of may aggrieved parties is less than the cost each of the parties filing a separate lawsuit.
A)I only
B)II only
C)both I and II
D)neither I nor II

Question

Quizplus · Accepted Answer

I is true since law firms often take on class action lawsuits on a contingency basis, meaning they only get paid if the lawsuit is successful and they receive a portion of the settlement or damages awarded. 
II is also true since the cost of filing a single lawsuit that represents all aggrieved parties is generally less than the cost of each individual party filing a separate lawsuit, which would require separate legal fees, court costs, and other expenses.

Which of the Following Statements About Class Action Lawsuits Is