What two conditions must exist for federal courts to have diversity jurisdiction?
A) an individual is bringing suit against a corporation and the amount in dispute exceeds $75,000
B) the plaintiff and defendant are from the same family and the amount in dispute exeeds $50,000.
C) the case has been tried in two different states with two different outcomes and the amount in dispute exceeds $50,000.
D) the plaintiff and defendant are citizens of different states and the amount in dispute exceeds $75,000.
D
You might also like to view...
The classical theory of insider trading liability holds that a person violates Section 10(b) and Rule 10b-5 when he misappropriates confidential information for securities trading purposes, in breach of a duty owed to the individual from whom he learned of the information.
Answer the following statement true (T) or false (F)
The average price Xerox charged when it introduced the first stand-alone fax machine was $12,700. This premium price was a way for Xerox to recoup some of the research and development costs that went into production. Xerox used ________
A) a skimming price B) a trial price C) penetration pricing D) prestige pricing E) target costing
A chair manufacturer makes custom chairs using hand tools, wood, glue, and varnish. Which of the following statements is true?
A. Wood would be accounted for as a direct cost, and glue and varnish as indirect costs. B. The concepts of direct and indirect costs are not applicable here. C. The costs of wood and glue would be treated as direct costs. D. Wood, glue, and varnish would all be direct materials.
______________ would include such actions as stealing money or materials from the firm or accepting bribes.
a. Political deviance b. Property deviance c. Production deviance d. Personal aggression