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STatiana [176]
3 years ago
10

Courts use a two-prong test to determine whether it has personal jurisdiction over an out-of-state defendant. Which of the follo

wing questions is likely to be asked in the second prong that deals with meeting constitutional requirements of fairness and due process?
A) Did the negligent act that resulted in a loss to another party occur within the state?
B) Is the court's jurisdiction authorized by a state long-arm statute?
C) Does the plaintiff transact business within the state's borders?
D) Does the defendant have some level of minimum contacts with the state?
Business
1 answer:
Klio2033 [76]3 years ago
5 0

Answer:

D) Does the defendant have some level of minimum contacts with the state?

Explanation:

In law, a state court will have jurisdiction over an out of state citizen if the defendant complies with one of the minimum contacts requirements:

  • having direct contact with the state
  • have a valid contract with a citizen of the state
  • sell products within the state limits
  • attempt to provide goods or services to citizens of the state
  • have a website that is viewed within the state
  • Calder's effects test

You might be interested in
Gem Corporation is a new company and obtains financing by issuing common stock to investors for $30,000. During the year, Gem ea
swat32

Answer: $33,000

Explanation: In simple words, stockholders equity is that amount of assets in the company, that is not financed by a liability. Thus, we can say that it is the difference between the assets and liabilities of the business.

It can be computed using following formula :-

stockholders equity = issuance of common stock + net income - dividend paid

                                 = $30,000 + $8,000 - $5,000

                                 = $33,000

3 0
3 years ago
Crowl Corporation is investigating automating a process by purchasing a machine for $804,600 that would have a 9 year useful lif
Nataly_w [17]

Answer:

Simple rate of return on Investment = 6.34%

Explanation:

As per the data given in the question,

Initial investment = $804,600

Realisable value = $22,400

Net cash flow = $804,600 - $22,400

= $782,200

Annual income:

Net income = Cash savings - Depreciation

= $139,000 - $89,400

= $49,600

Simple rate of return on Investment = Net income ÷ Net cash flow

= $49,600 ÷ $782,200

= 0.0634

= 6.34%

8 0
4 years ago
Assume that at the current market price of $5 per unit of a good, you are willing and able to buy 20 units. Last year at a price
sammy [17]

Answer:

The correct answer is the demand has increased.

Explanation:

At the market price of $5/unit, the quantity demanded is 20 units.  

Last year at the price level of $4, the quantity demanded was 20 units.  

We see that even though the price has increased the quantity demanded is the same. This indicates that the demand has increased.  

When there is an increase in the demand for a commodity, the demand curve moves to the right. This upward or rightward shift in the demand curve will cause the price of the commodity to increase. Though the quantity demanded will be the same.

6 0
3 years ago
Mustard Corporation (a C corporation) owns 15% of the stock of Burgundy Corporation (a C corporation), which pays an annual divi
irina1246 [14]

Answer:

Yes, it will affect it.

Explanation:

The dividends received deduction (DRD) refers to a US federal tax law that allows some corporation that are paid dividend by related entities to deduct  certain percentage of the dividend received from their income tax depending on their percentage of ownership of the related entity that paid the dividend.

The three criteria or tiers that determines how much to deduct as DRD are as follows:

1. Generally, the DRD a corporation is qualified for is 70% of the dividend received.

2. A DRD equals to 80% of the dividend received can be deducted if the corporation holds more than 20% but less than 80% shareholding of the company that paid the dividend.

3. If the corporation holds more than 80% shareholding of the company that paid the dividend, a DRD of 100% of the dividend applies.

Therefore, additional stock purchase will affect the amount of dividends received deduction that Mustard can claim.

4 0
3 years ago
The following costs related to Wintertime Company for a relevant range of up to 20,000 units annually: Variable Costs: Direct ma
serg [7]

Answer:

$120,000

Explanation:

The total profit for Winter company is computed as seen below

($15 × 15,000 units) - [$10,000 + $5,000(($2.50 + $0.75 + $1.25 + $1.50)15,000)]

= $225,000 - [$5,000 + ($6 × 15,000)]

= $225,0000 - $105,000

= $120,000

4 0
3 years ago
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