Ben files a suit in a federal district court against Cathy. Cathy loses the suit, appeals to the U.S. Court of Appeals for the Second Circuit, and loses again. Cathy asks the United States Supreme Court to hear the case. The Court agrees to hear the case. This means that
a. at least four justices approve of hearing the case.
b. Cathy's petition does not raise a possibility of an important constitutional question.
c. the amount in controversy in Cathy's suit is greater than $100,000.
d. the Court feels that the lower courts' judgments were erroneous.
a
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A corporation that incurs a pre-tax operating loss must:
A. carryback the loss for tax purposes. B. choose to both carryback and carryforward the loss or to only carryforward the loss. C. carryforward the loss for tax purposes. D. choose to both carryback and carryforward the loss or to only carryback the loss.
A significant cost of quality that is not recorded in the accounting records is the
a. Opportunity costs of forgone future sales. b. Apprisal cost for product equipment. c. Cost of reworking products to bring them up to specification. d. Faliure cost for a customer complaint center.
Under what conditions do courts impose a constructive trust?
A team of 13 has been formed to work on a time sensitive project. The team members are geographically separated which makes arranging meeting times difficult. The one advantage that the group has is that they have worked together on a team before and have similar opinions and attitudes. What would be the best way for the team described in the case above to communicate?
What will be an ideal response?