1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marizza181 [45]
2 years ago
5

Three shareholders brought an action in federal district court for a violation of federal securities law against a corporation.

The shareholders sought certification of a class of all persons who had purchased stock during a two-year period. The members of the class suffered damages that ranged from $75 to $65,000, with the total damages sought just exceeding $3 million. Some members of the class are citizens of the same state as the corporation, but none of the three representative shareholders is a citizen of the same state as the corporation. Does the court have subject-matter jurisdiction over this action
Business
1 answer:
slava [35]2 years ago
4 0

For the question "Does the court have subject matter jurisdiction over this action" Yes because the action is based on a violation of federal securities law. Option B. This is further explained below.

<h3>What is jurisdiction?</h3>

Generally, jurisdiction is simply defined as the authority to issue binding rulings in a legal matter.

In conclusion,"Does the court have subject matter jurisdiction over this case." In this case, yes, since the alleged wrongdoing constitutes a violation of federal securities laws.

CQ

Three shareholders brought an action in federal district court for a violation of federal securities law against a corporation. The shareholders sought certification of a class of all persons who had purchased stock during a two-year period. The members of the class suffered damages that ranged from $75 to $65,000, with the total damages sought-just exceeding $3 million. Some members of the class are citizens of the same state as the corporation but none of the three representative shareholders is a citizen of the same state as the corporation.

Does the court have subject matter jurisdiction over this action?

Yes, because none of the three representative shareholders is a citizen of the same state as the corporation.

Yes, because the action is based on a violation of federal securities law.

No, because no member of the class has suffered damages in excess of $75,000.

No, because some members of the class are citizens of the same state as the corporation.

Read more about jurisdiction

brainly.com/question/12448353

#SPJ1

You might be interested in
What are business letters ​
vichka [17]
Professional letters for business
8 0
2 years ago
One of the long-run effects of higher government budget deficits is growth in the economy's private sector at the same time the
saveliy_v [14]

Complete Question:

One of the long-run effects of higher government budget deficits:

A. is growth in the economy's private sector at the same time the government sector shrinks.

B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.

D. an increase in the government's share of the nation's economic activity.

Answer:

D. an increase in the government's share of the nation's economic activity.

Explanation:

One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).

A government budget deficit arises when government expenses exceed it's revenue.

It usually expresses the financial health of a nation over a period of time.

3 0
3 years ago
Bridgeport Company had the following stockholders’ equity as of January 1, 2017.Common stock, $5 par value, 18,400 shares issued
harkovskaia [24]

Answer:

b

Explanation:

4 0
3 years ago
The first known application of marketing research to a business marketing/advertising problem was conducted by:
ehidna [41]

Answer:

An advertising agency.

Explanation:

  • N. W. Ayer & Son was a Philadelphia advertising agency that was formed in 1869 and was the first advertising agency that created various notable slogans and founded by the Francis W.A, and they worked in groups knows as the creative teams.
7 0
3 years ago
A manager utilizing managment by obejective to motive her emplyees would focus on?
omeli [17]

A manager utilizing management by objective to motive her employees would focus on  firstly to determine or revised company's objectives or goals. She should set goals which is accepted by employees. Healthy competitions can also motivate employees to achieve objectives in the specific time limit.

She can give awards to employees who achieve goals to motivate employees. Management by objective is a strategic management approach which involves planning, defining, revising, setting, evaluating and tracking of company's objective through motivating employees by setting their individuals's goals to achieve larger goals.

Read more about Management by objective on brainly:-

brainly.com/question/28144882

#SPJ4

6 0
1 year ago
Read 2 more answers
Other questions:
  • The break-even quanity for a certain kitchen appliance is 6000 units. The selling price is $10 per unit, and the variable cost i
    11·1 answer
  • Owner of JavaJoint: Over the past year, the coffee store has become a daily hang-out for more and more teenagers. Many of our ad
    11·1 answer
  • David is the HR manager at Garden Pipes International. For filling the vacancies created by recent retirements in the finance​ d
    9·1 answer
  • Which statement best illustrates the relationship between three different
    6·2 answers
  • Suppose executives at an art museum know that 100 adults are willing to pay $12 for admission to the museum on a weekday. Suppos
    6·1 answer
  • IMB Corporation recently reported an EBITDA of $22.5 million and $5.4 million of net income. The company has $6 million interest
    9·1 answer
  • PLEASE HELP !!!!!!!!
    14·1 answer
  • What message is this price tag telling shoppers? (other than it is on sale)
    13·1 answer
  • A Chicago-based company decides to outsource all product designs to Singapore because it has been found to have the most efficie
    9·1 answer
  • Over the past century, real gdp per person in the u. s. has grown about _____ percent per year, which means it doubles about eve
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!