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Question: 1. Marilyn is arrested for arson against a nuclear facility, a crime under both state law and federal law. She is convicted in state court and sentenced to five years in jail. Then the federal government decides to prosecute her for arson against a US facility under federal law. Explain if the federal government can take this action against Marilyn.
2. The signals on a railroad crossing are defective. Although the railroad company was notified of the problem a month earlier, the company has not yet corrected the problem. Seeing the signals indicate all clear, a car attempts to cross the tracks but stalls mid way on the tracks and cannot restart as a train rounds the bend. For the past two weeks the car has been stalling, and the owner keeps putting off taking the car to a mechanic to have it repaired. As the train rounds the bend, the train engineer is distracted by a conductor and fails to see the car in time to stop the train. The car is destroyed by the train. No one is hurt in the collision. Explain the elements of negligence. Who is negligent in this case and why? Explain the possible defenses, if any, the train company could use if the owner of the car files suit?
3. Anne Johnson was involved in a car accident in Baltimore City on March 4, 2017 with Thomas Murray. Both Johnson and Murray are residents of Maryland. Anne's damages, personal and property, total $85,000. Anne wants to file suit in federal court against Thomas hoping she will stand a better chance of resolving the matter quicker than a protracted state court case. Does the United States District Court for the District of Maryland have jurisdiction in this matter? Explain the type of jurisdiction that must exist for a case to proceed in federal court.
You are planning to start a small business that youwant to run as a sole proprietor. A friend of yours, who has beenan employee of an IT consulting corporation for 3 years, suggests that the corporate form of ownership is more efficient from accou..
soon after beginning the year-end audit work on march 10 at engone company the auditor has the following conversation
What does the term account mean? What are the different classifications of accounts? How do the rules for debits and credits impact accounts? Please provide an example of how debits and credits impact accounts.
Lifefit has total sales of $1 million per month, of which 80 percent result from the sale of run- ning shoes and the other 20 percent from the sale of shorts.
Calculating taxes on capital gains takes a little work, but if you buy and sell stocks, bonds, works of art, or homes, you'll probably have to do this at some.
Considering changes in both federal and state tax liabilities, what is the net after-tax cost of Mr. Blue's and Ms. Jones's gifts?
Prepare a condensed cost of goods manufactured schedule
Deal Company, which began operations in 2011, invests its idle cash in trading securities. The following transactions relate to its short-term investments.
Selected balance sheet and income statement information for Home Depot follows. Compute the return on equity for the year ended January 31, 2016
suppose comet company provided consulting services to mustang inc. on december 31 2010 but has decided to allow mustang
Calculate the target cost for maintaining current market share and profitability.
What is the difference between a service and a merchandising business? Provide an example of each. What are three new types of merchandising accounts?
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