Legal environment of business

Assignment Help Finance Basics
Reference no: EM131782163

Legal Environment Of Business

1. The key issue for both Subject Matter Jurisdiction and In Personam Jurisdiction is whether there is a connection between the defendant and the territory where the court sets.

True or False?

2. Copyright or Patent cases must always be filed in a Federal court, but suits for personal injury or contract breach between private individuals or firms must always be filed in a State court.

True or False?

3. P is a resident of Virginia, D is a resident of Ohio, and a $100,000 accident occurs in Virginia. P wants to file suit in Virginia. Under these facts there is subject matter jurisdiction in all state and federal courts including those in Virginia, but jurisdiction over the person only exists in Ohio. As a result, on defendant's motion, P's suit will be dismissed for lack of IP in Virginia.

True or False?

4. State trial courts are not bound to apply prior decisions of state courts in other states, although they sometimes do.

True or False?

5. Evidence properly requested for production in pre-trial discovery but not produced will be excluded at trial unless a valid ground for the failure to produce is shown.

True or False?

Reference no: EM131782163

Questions Cloud

Which are perceived as more credible by customers : Explain Types of Media. Which are more controlled by the marketer? Which are perceived as more credible by customers?
Apply in a particular instance : Why do you think it hard to know if fair use will apply in a particular instance?
Compute the selling price of the bond : Compute the selling price of the bond. Journalize the entry to record the amount of the cash proceeds from the sale of the bonds
Discuss the journal entry to record the issuance : A company issued 1,300 shares of $5 par value preferred stock for $6 per share. What is true about the journal entry to record the issuance
Legal environment of business : The key issue for both Subject Matter Jurisdiction and In Personam Jurisdiction is whether there is a connection between the defendant and the territory.
Draw bode plots for the given pairs of parameter values : Check whether the mechanical system of Figure operates as a filter when connecting the input displacement u to the output displacement y.
Prepare journal entries transactions for Zenco Co : Prepare journal entries for the following transactions for Zenco Co. Litro Corp total earnings for the period were $160,000
Successful digital transformation digital transformation : Amazon - A case of successful digital transformation Digital transformation is the profound change in business activities, processes, competencies
How do motivation psychologists equivocate : How do motivation psychologists equivocate?How can behaviorism be said to be an inconsistent psychology?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd