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Question 1: Mark, a citizen of Georgia, was crossing a street in Atlanta when he was struck by a car driven by David, a citizen of New York visiting Atlanta. The car was owned by David's employer, a Delaware corporation that has its principal place of business in Atlanta, Georgia. Mark sues both David and the corporation in federal district court in Atlanta alleging dam- ages in the amount of $500,000. Does the court have subject matter jurisdiction? Why or why not?
Question 2: How do you help prevent lawsuits in your business? Answer generally and you can add any industry specific considerations, if you wish.
Question 3: As the vice president for sales of a company that manufactures and sells commercial carpet, you notice an alarming increase in the number of customers filing complaints with your company service representatives. Of particular importance is the number of complaints that involve claims in excess of $10,000. Because these large dollar amounts can lead to lawsuits being filed, you want to investigate what is causing the increase in complaints and how your company can be processing these complaints to avoid burdensome litigation. What steps should you take to discover, in the most accurate and efficient manner, the reasons customers are filing complaints? What is the distinction between mediation and arbitration? Should your company's sales contracts include a clause that requires the par- ties to attempt resolution of dispute by mediation? By arbitration? By some other mechanisms? If your company's sales contracts did include a dispute resolution (other than liti- gation) clause, when can the courts still be used?
Suppose you win the lottery in 2010 when the jackpot amount is $162 million. You can receive the jackpot amount paid out evenly over 26 years or you can elect to take an immediate payment of $95 million, before taxes. Ignore all tax effects. Assum..
Suppose that the demand for good X is unit elastic everywhere along the demand curve and that Atta spends all his income ongood X and good Y. What can we conclude about the cross-price elasticity of goods X and Y?
What are the benefits or concerns with Business to Consumer (B2C) and Business to Business (B2B) Systems. This would include EDI.
There are a variety of habits that an individual can assess the compatibility between themselves and a therapist who they are considering entering in to a therapeutic relationship with.
Why do insurers use class plans? What would happen if an insurer used a class plan that was less homogeneous by class than those in use in the current marketplace?
A newly issued 20-year maturity, zero-coupon bond is issued with a yield to maturity of 8% and face value $1000. Find out the imputed interest income in the first, second and last year of the bond's life.
What are the challenges organizations face regarding protecting their information and assets?
Create a concept for a development of a robot with artificial intelligence that could work as an Information System or part of it.
McGee Carpet and Trim installs carpets in commercial offices. Andrea McGee has been very concerned with the amount of time it took to complete several recent jobs. Some of her workers are very unreliable.
It is important that you discuss potential costs and benefits whenever appropriate, again keeping in mind that what might be beneficial for some parties or entities is likely to be costly to others.
You work for a organization that does not actively encourage its employees to participate in decision-making processes, and to assume responsibility and exercise initiative as appropriate.
A portfolio which is invested equally in two stocks and a risk-free security
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