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Simple English definitions for legal terms
Popular action
Read a random definition: debt-to-total-assets ratio
A quick definition of Popular action:
Popular action: This is also known as a qui tam action. It is a legal term that refers to a lawsuit brought by a private citizen on behalf of the government. The person who brings the lawsuit is called a whistleblower and they are rewarded if the lawsuit is successful. It is a way for individuals to help the government fight against fraud and corruption.
A more thorough explanation:
Definition: A legal action brought by a private individual on behalf of the government, usually to recover money lost due to fraud or other illegal activities. This type of action is also known as a qui tam action.
Example: A whistleblower who works for a company that is defrauding the government can file a popular action to recover the money lost. If the case is successful, the whistleblower may receive a portion of the recovered funds as a reward.
Explanation: The example illustrates how a private individual can bring a popular action on behalf of the government to recover money lost due to fraud. The whistleblower in the example is acting as a representative of the government and is entitled to a portion of the recovered funds as a reward for their efforts.