A suit involving a dispute for $45,000 over a contract signed in California under California law with parties from two different states could be tried in federal court using federal law or in a California court using California law
a. True
b. False
Indicate whether the statement is true or false
False
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According to Peter Golder and Gerald Tellis, a(n) ________ is the first to develop a working model of the product
A) developer B) creative pioneer C) market pioneer D) product pioneer E) inventor
A . What is a fee simple? b. What is a life estate? c. If Ed grants a life estate to his wife, what interest does he retain? Explain
In 2014, the __________ announced it considered __________ a __________ virtual currency
a. Wall Street Protection Group, ETF funds, non-negotiable b. Consumer Financial Protection Bureau, Bitcoin, convertible c. Internal Revenue Service, Bitcoin, convertible d. Internal Revenue Service, Gold, non-negotiable
Shipping Corporation applies to TransInsurance Company for a fire insurance pol¬icy on Shipping's warehouse. On the application, Shipping understates the age of the property to obtain a lower premium. When a fire destroys the ware-house, TransInsurance can
a. deny payment, because a fire destroyed the warehouse. b. deny payment, because of fraud in the application. c. not deny payment, because a fire destroyed the warehouse. d. not deny payment, because the application is not part of the policy.