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TEA [102]
3 years ago
13

Janice, a citizen of Nevada, was injured by a defective product manufactured by Hot Plates, Inc., a company incorporated in Cali

fornia. Janice is suing the company for pain and suffering along with medical bills, which exceed $100,000. With respect to diversity of citizenship cases, which of the following is true?
a. If Janice brings the lawsuit in a Nevada state court, Hot Plates, Inc. can have the case removed to federal court.
b. The plaintiff and defendant are required to be residents of the same state.
c. The dollar amount of the controversy is limited to $100,000.
d. If Janice brings the lawsuit in a Nevada state court, the case must be heard there.
Business
1 answer:
Kay [80]3 years ago
4 0

Answer: D. . If Janice brings the lawsuit in a Nevada state court, the case must be heard there

Explanation:

Diversity of citizenship simply refers to cases where the people involved that is, the opposing parties are from different states or countries.

With regards to this, if Janice brings the lawsuit in a Nevada state court, the case must be heard there. In this case, Hot Plates, Inc. cannot have the case removed to federal court.

Therefore, the correct option is D.

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3 years ago
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Answer:

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What is the main motive behind dealer incentives?
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3 years ago
Head-First Company plans to sell 5,800 bicycle helmets at $76 each in the coming year. Unit variable cost is $44 (includes direc
Romashka [77]

Answer:

1. 4,350 helmets

Explanation:

1. The computation of the number of helmets is shown below:

= (Total fixed cost + operating income) ÷ (Contribution margin per unit)

where,  

Contribution margin per unit = Selling price per unit - Variable cost per unit

= $76 - $44

= $32

So, it would be

= ($49,600 + $89,600) ÷ ($32)

= ($139,200) ÷ ($32)

= 4,350 helmets

2. The contribution margin income statement is presented below:

Sales (4,350 × $76)                                          $330,600

Less: Variable cost  (4,350 × $44)                  ($191,400)

Contribution margin                                        $139,200

Less: Total Fixed cost                                     ($49,600)

Operating income                                            $89,600

8 0
4 years ago
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Svetach [21]

Answer:

$47,200

Explanation:

For computing the budgeted purchase, first we have to determine the purchase unit which is shown below:

= Sale units + ending inventory units - beginning inventory units

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Sale units are 1,300 units

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Now put these units to the above formula  

So, the units would equal to

= 1,300 units + 270 units - 390 units

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Now the budgeted purchase would be

= 1,180 units × $40

= $47,200

4 0
3 years ago
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