James rents a house in Wisconsin. Sandra, the owner of the house, lives in Pennsylvania. A portion of the roof in the rented house collapses. If James is claiming damages due to negligence, which of the following statements is true?
A) James has to file a lawsuit in a Pennsylvania state trial court, as in personam jurisdiction is required.
B) A federal court has to hear this case, as it will have exclusive subject matter jurisdiction in this case.
C) A lawsuit can be filed in a Wisconsin state trial court, as in rem jurisdiction is sufficient.
D) James has to wait for Sandra to enter Wisconsin and then file a lawsuit there.
C
You might also like to view...
An Iowa state statute requires amusement parks to maintain equipment in specific condition for the protection of patrons. Jack's Fun Park fails to maintain its equipment. Keely, a patron, is injured. Jack's has committed
a. abuse of process. b. battery. c. false imprisonment. d. negligence.
Macro Marketing, Inc, and Nature Foods Corporation (NFC) discuss the terms of a contract. Macro faxes NFC a memo on Macro's letterhead that summarizes the items on which they agree. NFC begins to perform, but Macro refuses to pay. Between Macro and NFC, the memo is A) an oral contract
B) a pre-contract. C) a written contract. D) no contract.
New products are classified solely as innovations that have never been sold by any organization.
Answer the following statement true (T) or false (F)
KidCo bought forward contracts on 20,000 bushels of corn at $1.65 per bushel. Corporate tax rates are 35.00%. Revenue is $100,000 and other costs are $60,000. Spot prices on corn are $1.75 per bushel. Calculate the after-tax net income
A) $7,000 loss B) $7,000 gain C) $4,550 loss D) $4,550 gain