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Aleksandr-060686 [28]
2 years ago
8

Randolph waters operates a watch repair business in mesa, arizona. He orders most of the watch parts from out-of-state suppliers

. he orders watch faces from a supplier in escondido, california. The supplier does not have a sales force but relies on catalogs shipped to watch dealers throughout the country as his means of marketing. Randolph installed several of the supplier's watch faces on his customers' watches. A strange chemical reaction between perspiration and the faces of the watches caused randolph's customers to develop rashes and nausea, with some requiring hospitalization. Randolph wishes to bring suit to recover damages ($100,000) from the escondido supplier. Which of the following statements is true of this scenario? a. randolph must bring suit in california to gain jurisdiction over the supplier. b. randolph has a diversity action that can be brought in federal court. c. randolph will not be able to bring suit in arizona because there are no contacts in the state. d. randolph must bring suit in arizona state court.
Business
1 answer:
djverab [1.8K]2 years ago
5 0

The option Randolph has a diversity action that can be brought in federal court is a true statement

Option C is correct .

Federal Court :

Federal courts are courts of special jurisdiction, meaning they can only hear cases sanctioned by the United States Constitution or federal statutes. The federal district court is the commencement for any case arising under federal statutes, the Constitution, or treaties

What is the jurisdiction of a state?

Jurisdiction refers to the strength of a state to work on persons, property, and circumstances within its territory. It may be utilized through legislative, executive, or judicial actions.

Learn more about federal court :

brainly.com/question/25947870

#SPJ4

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ou believe that stock prices reflect all information that can be derived by examining market trading data such as the history of
solniwko [45]

Answer:

The correct answer is letter "C": Weak.

Explanation:

As part of the Efficient Market Hypothesis (EMH) and opposed to the <em>strong-form efficient</em> market theory, Weak-form efficiency takes into consideration past price movements of an asset to "predict" future movements. It doesn't consider accurate the fundamental and technical analysis of the market.

3 0
3 years ago
Daily demand for a certain product is normally distributed with a mean of 138 and a standard deviation of 13. The supplier is re
Oxana [17]

Answer:

A. Continuous review system

B. Order quantity = 2,049 Books

C. Reorder point=987

Explanation:

a. In order To manage inventory, the company is using what is called Continuous review system

b. Calculation to find the order quality

Using this formula

Order quantity = √((2DS)/H)

Let plug in the morning

Order quantity=√ ((2 x 49,404 x 17)/0.40)

Order quantity = 2,049 Books

(138*358=49,404)

C. Calculation for reorder point

First step is to find the σL

73 % S.L. - z = 0.613

Using this formula to find the σL

σL = (Lσ^2)

Let plug in the formula

σL=√(7(13)^2)

σL= 34.39

Second step is to find the Reorder point using this formula

R = d bar(L) + zσL

Let plug in the formula

Reorder point = (138)(7) + 0.613(34.39)

Reorder point = 966+21

Reorder point=987

5 0
3 years ago
Biz Solutions has 12 call centers worldwide handling customer service issues for a variety of companies. The firm is considering
never [62]
B. Market Diversification
8 0
4 years ago
Flamingo Company borrows $30,000 using a five-year, long-term installment note payable. The rate on the note is 5 percent and Fl
masya89 [10]

Answer:

Interest expense = 30,000*5%*1/12

Interest expense = 30,000*0.00416666667

Interest expense = $125.0000001

The journal entry will be:

Description                  Debit        Credit

Interest expense          $125  

Notes payable             $441.14  

Cash                                               $566.14

7 0
3 years ago
Jax Recording Studio purchased $7,800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7,
AveGali [126]

Answer:  Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

Explanation:

When a customer signs a promissory note in exchange for commodity then the entry to record sales is recorded by debiting notes receivable.

here,  sales = $7,800 = Debit Notes Receivable  

The entry to record the sales transaction would be

Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

3 0
3 years ago
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