Yoshi, a Japanese citizen working in Atlanta for his Tokyo firm, decided to rent an airplane and fly himself to the Annual Catfish and Zydeco festival in Thibodaux, Louisiana. He rented a small plane to fly there. Over Alabama, thunderstorms formed. Because Yoshi was not trained to fly by instruments, he decided to land at the next airport. As he searched for a runway, Yoshi heard a loud clank
followed by silence as the engine died. He tried to land in a field but crashed. While recovering in a rehabilitation center in California, Yoshi filed suit there against the Atlanta Airport and the owners of the airplane, alleging that they were negligent in their maintenance. Suppose Yoshi can exercise jurisdiction over the defendants in court in California. They fail to appear to defend themselves and Yoshi wins a default judgment for $5 million which defendants do not pay. Yoshi discovers that the owner of the airplane also owns a Lear jet, which is in San Diego. If Yoshi has the court seize the jet in satisfaction of the judgment, Yoshi has obtained what type of jurisdiction?
a. in personam jurisdiction b. de novo jurisdiction
c. lex loci jurisdiction
d. quasi in rem jurisdiction e. in rem jurisdiction
d
You might also like to view...
All transactions refer to external events
a. True b. False Indicate whether the statement is true or false
Andy, a regional manager for an office supply retail company, must formally evaluate each one of his immediate employees every year. This process is known as
A. benchmarking. B. feedback interview. C. 360-degree feedback. D. discipline documentation. E. performance appraisal.
Vertical analysis always involves comparing financial statement elements over a span of time.
Answer the following statement true (T) or false (F)
A(n) _____ is a financial intermediary that specializes in helping firms raise financial capital by issuing securities in primary markets.
A. credit union B. commercial bank C. savings and loan association D. investment bank