PF Ch7 Vocabulary

Front

What is a class-action suit?

Back

A legal action taken by a few individuals on behalf of all the people who have suffered the same alleged injustice.

Front

What is mediation?

Back

The attempt by an impartial third party to resolve a difference between two parties through discussion and negotiation.

Front

What is a warranty?

Back

A written guarantee from the manufacturer that specifies the conditions a product can be returned, replaced, or repaired.

Front

What is arbitration?

Back

A settlement of a difference by a third party whose decision is legally binding.

Front

What is a legal aid society?

Back

One of a network of publicly supported community law offices that provide legal assistance to consumers who cannot afford it.

Front

What is the role of an impartial third party in mediation?

Back

To facilitate discussion and negotiation between two parties to help them reach a resolution.

Front

What distinguishes arbitration from mediation?

Back

Arbitration results in a legally binding decision made by the third party, while mediation seeks to help parties reach a mutual agreement.

Front

What is the purpose of a warranty?

Back

To provide consumers with assurance regarding the quality and reliability of a product, including conditions for return or repair.

Front

How does a class-action suit benefit consumers?

Back

It allows individuals to collectively seek justice and compensation for similar grievances, making legal action more accessible.

Front

What types of cases are typically handled in small claims court?

Back

Disputes involving relatively small amounts of money, such as unpaid debts or property damage.