Most long-arm statutes allow courts to obtain jurisdiction over nonresident defendants if:
a. the exercise of jurisdiction does not offend traditional notions of fair play and substantial justice.
b. the defendant has committed a tort within the state.
c. Both of these.
d. None of these; courts only have jurisdiction of persons domiciled in that state.
c
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In win-win not yet negotiating, the buying team achieves its goals while the selling team doesn't.
Answer the following statement true (T) or false (F)
In permission marketing, permission is normally obtained from individuals in exchange for an incentive
Indicate whether the statement is true or false
Jackson Transportation purchases many pieces of office furniture with an individual cost below $200 each. Jackson chooses to account for these expenditures as expenses when acquired rather than reporting them as property, plant, and equipment on its balance sheet. The company's accountant and independent CPA agree that no accounting principle has been violated. What accounting justification
allows Jackson to expense the furniture? a. Conservatism b. Matching c. Materiality d. Verifiability
Merckle Corporation owns 40 percent of the voting stock of Grant Corporation and accounts for the investment using the equity method; Grant Corporation reports a net loss of $30,000. Merckle Corporation's entry to record the share of loss is:
A) Loss, Grant Corporation Investment 12,000Investment in Grant Corporation 12,000 B) Investment in Grant Corporation 12,000Loss, Grant Corporation Investment 12,000 C) Investment in Grant Corporation 30,000Cash 30,000 D) Investment in Grant Corporation 12,000Cash 12,000