Class Actions (VCE SSCE Legal Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
How many people minimum must have claims to commence a class action?
How many people minimum must have claims to commence a class action?
Seven or more people
Who is financially responsible for costs if a class action fails?
Who is financially responsible for costs if a class action fails?
The lead plaintiff alone
What role do group members have in a class action?
What role do group members have in a class action?
They have very limited involvement
What happens if a group member opts out of a class action?
What happens if a group member opts out of a class action?
They receive no group compensation
What percentage do litigation funders typically take from settlements?
What percentage do litigation funders typically take from settlements?
20-40%
What must the court approve in class actions?
What must the court approve in class actions?
Settlement agreements
Which type involves employees claiming underpayment?
Which type involves employees claiming underpayment?
Employment class actions
When was Australia's first class action commenced?
When was Australia's first class action commenced?
1995
What was the largest class action settlement in Victorian history?
What was the largest class action settlement in Victorian history?
$494 million
Claims under what amount are less likely to attract funding?
Claims under what amount are less likely to attract funding?
Under $1 million