Answer:
Misappropriation of assets involves the actual theft of an entity's assets. This can be accomplished by common theft or the following. Causing an organization to pay for goods and services not actually received (for example fictitious vendors or employees). Using an organization's assets for personal use.
Answer:
The word displacement implies that an object has moved, or has been displaced. Displacement is defined to be the change in position of an object.
Answer:
<h3>a. give state courts automatic jurisdiction over out-of-state defendants.</h3>
Explanation:
- Long-arm statutes are laws that allow state courts to acquire automatic jurisdiction over out-of-state defendants. The courts can apprehend an out-of-state defendant based on certain actions which have connections with the concerned state.
- The provisions of a long-arm statute normally grants a state court the right to jurisdiction over a non-state domicile if the individual has minimum connection within the state's court jurisdiction.
