The Legal Environment of Business Text and Cases 9th Edition by Cross - Test Bank
Chapter 2
The Court System
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N.B.:
TYPE indicates that a
question is new, modified, or unchanged, as follows. N A question
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question modified from the previous
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question included in the previous
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TRUE/FALSE QUESTIONS
1. Laws would be meaningless without the
courts to interpret and apply them.
ANSWER: T PAGES: Section 1 TYPE: +
BUSPROG:
Analytic AICPA: BB-Legal
2. The federal courts are superior to the
state courts.
ANSWER: F PAGES: Section 1 TYPE: N
BUSPROG:
Analytic AICPA: BB-Legal
3. Under
the authority of a long arm
statute, a court can exercise personal jurisdiction over certain out-of-state
defendants.
ANSWER: t PAGES: Section 2 TYPE: +
BUSPROG:
Analytic AICPA: BB-Legal
4. A court can exercise jurisdiction over
property that is located within its boundaries.
ANSWER: F PAGES: Section 2 TYPE: +
BUSPROG:
Analytic AICPA: BB-Legal
5. Because corporations are not considered
legal persons, courts use different principles to determine whether it is fair
to exercise jurisdiction over a corporation.
ANSWER: F PAGES: Section 2 TYPE: N
BUSPROG:
Analytic AICPA: BB-Legal
6. The
minimum-contacts requirement is usually met if a corporation advertises or
sells its products within a state.
ANSWER: T PAGES: Section 2 TYPE: N
BUSPROG:
Reflective AICPA: BB-Critical Thinking
7. For
purposes of diversity of citizenship, a corporation is a citizen only of the
state in which its principal place of business is located.
ANSWER: F PAGES: Section 2 TYPE: N
BUSPROG:
Analytic AICPA: BB-Legal
8. To
have standing to sue, a party must have complaining sufficient stake in a
matter to justify seeking relief through the court system.
ANSWER: T PAGES: Section 2 TYPE: +
BUSPROG:
Analytic AICPA: BB-Legal
9. U.S. district courts have concurrent jurisdiction
with state courts in matters involving federal questions.
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