If a plaintiff's home country provides an adequate remedy for a wrong, the case cannot be heard in the United States
Indicate whether the statement is true or false
True
You might also like to view...
Which weakness of how OD is practiced today relates to inconsistent typologies between OD and other fields such as organizational behavior and psychology?
a. Different definitions b. Rapid adoption of latest techniques or technologies c. Challenge of business-oriented values d. Lack of consistency in set of skills and competencies
Which one of the following actions is the most likely to be regarded as unethical work behavior?
a) buying token gifts for customers b) buying token gifts for suppliers c) sharing records with a restricted number of people d) sharing records with a large number of people
Federal crimes, bankruptcy, patents and copyrights are all examples of:
a. matters over which federal courts have exclusive jurisdiction b. matters over which federal courts have relative jurisdiction c. matters over which federal courts have subjective jurisdiction d. matters over which state courts have exclusive jurisdiction e. matters over which state courts have ultimate jurisdiction
Rocky Corporation, an S corporation, reports the following results for the current year:Ordinary income$70,000Long-term capital gain20,000Municipal bond interest income10,000Domestic corporate dividends6,000Charitable contributions16,000Rocky's AAA and accumulated E&P balances at the beginning of the year are $80,000 and $50,000, respectively. Rocky makes a $100,000 cash distribution to its sole shareholder on June 1 and a second $100,000 cash distribution on December 1. The shareholder's basis for Rocky stock on January 1 was $120,000. Discuss the tax consequences of these transactions.
What will be an ideal response?