Zapata, a Texas Corporation, entered into a contract with Unterweser, a German corporation, to tow Zapata's drilling rig from Louisiana to Italy. A storm arose and Zapata told Unterweser to tow the rig into Tampa, Florida. Zapata immediately filed a lawsuit in Florida against Unterweser for damages to the rig. The original contract called for "Any dispute must be heard before the London Court of
Justice." The U.S. Supreme Court held that:
A) Florida has jurisdiction since that is where the oil rig is now located.
B) the case should be heard in Texas or Germany because that is where the parties are located.
C) the forum-selection clause is contrary to public policy and will not be enforced; either Florida, Texas, or Germany would be the correct place to hear it.
D) the parties must adhere to the forum-selection clause and have the case heard in London.
D
You might also like to view...
James Parker, as former CEO of Southwest Airlines, didn’t always hire the “best” people; instead, he hired
a. the right candidates—leaders whose personalities and attitudes make them a good fit for Southwest Airlines’ fun, team-based culture b. average people, yet he made these average people stars by treating them right c. people rejected by the other airlines (who could afford to pay higher salaries), yet by good training he was able to bring these below average performers up to par d. his friends and the friends of the people who already worked at Southwest, thus creating a friendly atmosphere
A(n)_________mistake about a(n)_________fact will enable either party to rescind the contract
Fill in the blank(s) with correct word
When a bill is entered using the Enter Bills window, QuickBooks records a journal entry that:
A. Debits Accounts Payable, Credits Checking account B. Debits Checking account, Credits Expense account C. Credits Expense account, Debits Checking account D. Debits Expense account, Credits Accounts Payable
In a recent study based upon an inspection of 200 homes in Daisy City, 80 were found to violate one or more city codes. The city manager released a statement that 40% of Daisy City's 2,000 homes are in violation of city codes. The manager's statement is an example of
a. a census b. an experiment c. descriptive statistics d. statistical inference