There are different kinds of cases. The answers to the questions are blow.
- Before any court can hear any dispute between Miriam and the trucking company, it must have the jurisdiction to do so.
- In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the <u>Defendant</u>.
- Georgia and Florida have personal jurisdiction over the trucking firm?
Yes, Marya sue the trucking firm in Georgia and Florida state courts.
Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;
- Get a lawyer in Georgia
- Make multiple trips to Georgia
- Have witnesses travel to Georgia.
Miriam would likely want to sue the trucking firm in Florida because:
1. The court is closer to her home
2. She can better research for local lawyers
- Miriam can sue the trucking firm in a federal trial court because residents of different states.
<h3>What takes place in a court case?</h3>
In a trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.
After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.
Learn more about jurisdiction from
brainly.com/question/681072
Answer:
True
Explanation:
A single use plan is basically a one time business transaction that is supposed to take place only once and should not be repeated in the future. In this case, the production plant has been used for more than 100 years, but once it is sold, its history and the company should no longer have any type of relationship with it.
Answer:
The answer is B. standardized products
Explanation:
Monopolistic Competition has the following characteristics :
1. There large numbers of buyers and sellers
2. The products offered by sellers are close substitutes for the products offered by another seller.
3. The costs associated with entry and exit are low.
4. Sellers differentiate their products through advertising, branding etc.
Know that the most distinguishable factor in this market is product differentiation or standardized products.
The extent to which the seller is successful in product differentiation determines pricing power in the market.
The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.
The economic profit will fall to zero in the long run because the entry costs are not high.
Answer:
13.44%
Explanation:
Debt to total assets = Total Debt / Total Assets
45% = Total debt / $230,000
Total Debt = $230,000 x 45% = $103,500
As we know
Assets = debt + Equity
$230,000 = $103,500 + Equity
Equity = $230,000 - $103,500 = $126,500
Return on Equity is the measure of financial performance which can be calculated by dividing net income for the year by total shareholder's equity.
Return on equity = Net income for the year / Shareholders equity
ROE = $17,000 / $126,500 = 0.1344 = 13.44%
