Which doctrine is used by common law courts to refuse jurisdiction? Explain
What will be an ideal response?
The doctrine used by common law courts to refuse jurisdiction is called forum non conveniens. It originated from Scottish common law and appeared in U.S. courts in the early 1900s. In the Scottish case, a French plaintiff brought suit in Scotland against a French defendant, claiming damages from cargo lost en route from Scotland to France. The Scottish court, realizing that France had not only better capabilities but also an interest in the decision, dismissed the case, instructing the parties to seek a forum in France. On appeal to the House of Lords, that court found that the doctrine was not only acceptable but prudent.
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Allowance for Doubtful Accounts has a credit balance of $800 at the end of the year (before adjustment), and an analysis of accounts in the customers ledger indicates doubtful accounts of $16,000. Which of the following entries records the proper provision for doubtful accounts?
A) debit Uncollectible Accounts Expense, $800; credit Allowance for Doubtful Accounts, $800 B) debit Uncollectible Accounts Expense, $15,200; credit Allowance for Doubtful Accounts, $15,200 C) debit Allowance for Doubtful Accounts, $800; credit Uncollectible Accounts Expense, $800 D) debit Allowance for Doubtful Accounts, $16,800; credit Uncollectible Accounts Expense, $16,800
A valued trend is ______________.
a. emerging but not yet mainstream b. constant growth c. fluctuating revenues d. financing milestones
The target market is not important in a social media strategy because the information is online for all to see.
Answer the following statement true (T) or false (F)
Felicia, an elderly woman, does not speak or read English well. Felicia is a recent immigrant to this country. A dishonest immigration officer tells Felicia to sign several documents as being necessary to maintain her legal immigration status. Unknown to Felicia, she signs a promissory note. The immigration officer thereafter sells the note to Neighborhood Bank, a holder in due course, who goes
after Felicia for payment of the note. Felicia's defense to the Neighborhood Bank is a. fraud in the inducement; a real defense. b. fraud in the execution; a real defense. c. unauthorized completion; a personal defense. d. breach of contract; a real defense.