Rolf, a citizen of New Mexico, wants to file a suit against Sandy, a citizen of Texas. Their diversity of citizenship may be a basis for
A. no court to exercise jurisdiction.
B. a federal court to exercise original jurisdiction.
C. a state court to exercise appellate jurisdiction.
D. the United States Supreme Court to refuse jurisdiction.
Answer: B
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Agents are liable for their own torts
Indicate whether the statement is true or false
Which of the following conditions indicate that H0 should be rejected in a goodness-of-fit test?
a. The observed frequencies are equal to their expected frequencies. b. The test statistic is large. c. The degrees of freedom is large. d. All of these choices are true.
Which of the following data stores is updated when employees gain new on the job training?
A. labor-force planning data B. skills inventory data C. payroll data D. none of the choices are correct
Terry owns Lakeside, Inc. stock (adjusted basis of $80,000), which she sells to her brother, Jake, for $64,000 (its fair market value). Eighteen months later, Jake sells the stock to Pamela, a friend, for $78,000 (its fair market value). What is Terry’s recognized loss, Jake’s recognized gain or loss, and Pamela’s adjusted basis for the stock? ? Terry's Recognized Loss Jake's Recognized Gain (Loss) Pamela's Basis
A. $ -0- $ -0- $78,000 B. $ -0- $14,000 $64,000 C. $ -0- $14,000 $78,000 D. $16,000 $14,000 $78,000 E. None of these.