A long-arm statute is a:

a. federal law to allow regulatory agencies to sue foreign businesses in federal court
b. state law that permits its courts to reach beyond state lines for jurisdiction over non-residents defendants c. state law that allows plaintiffs to force defendants to come to a state for purpose of serving process
d. federal law that allows escaped felons to be arrested outside of the United States e. none of the other choices are correct


b

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A homeowner has a contract with a firewood supplier to bring a stack of hardwood at the beginning of each month from October through March. If the supplier has brought a mixture of hard and soft woods for the first three deliveries and the homeowner accepted the deliveries, the homeowner cannot reject a delivery in January just because it includes some soft wood

a. True b. False Indicate whether the statement is true or false

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Which of the following is true of stockholders in continental Europe?

A. The stocks of corporations are widely dispersed among a large number of different investors, both individuals and institutions. B. Many stockholders assign banks their proxy votes for the directors of the companies. C. Banks are major stockholders of corporations in continental Europe. D. Major stockholders of closed corporations are not involved in the firms' daily operations. E. Stockholders in continental Europe are often family units resulting from the universal banking relationship existing in the United States.

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Which of the following is false regarding the annuity contract?

A) At the beginning of the accumulation phase, the annuitant irrevocably selects the distribution method for the liquidation phase. B) There is considerable flexibility in choosing the length of the accumulation phase. C) The liquidation period is a function of several factors including when the annuitant dies. D) Generally, a longer accumulation period results in higher liquidation payments (all other things being equal).

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Like X.25, Frame Relay uses variable-length data packets

Indicate whether the statement is true or false

Business