Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
An individual was injured while setting off fireworks that he purchased from the ACME Fireworks Company. This individual was a resident of the state of Oregon. He was injured after lighting the fireworks in Oregon. The ACME Fireworks Company was located in the State of Maryland. It sold fireworks to the individual in Oregon. The individual’s injuries cost him – in terms of doctor’s bills and missed income from not being able to work – well over $200,000. The individual sued ACME Fireworks under Oregon common law for negligence. He filed his civil lawsuit against the company in Oregon state court. ACME Fireworks did not, however, respond to or otherwise contest Rice’s lawsuit and Rice was awarded $425,000 in damages by the trial . Based on the legal information that you learned in this chapter, write a 1-2 sentence answer for each of the following questions. a. What type of judgment did the trial court award against ACME Fireworks? b. Which court(s)--state and/or federal courts--would have jurisdiction over the injured individual’s lawsuit against ACME Fireworks? c. Explain the reasoning for your answer to question “b”. d. How did the Oregon state court have personal jurisdiction over ACME Fireworks?
Lightweight personal locator beacons are now available to hikers that make it easier for the Forest Service's rescue teams to locate those lost or in trouble in the wilderness. How will this affect the costs that the Forest Service incurs? (Ch 20 Ind..
determine if the firm is operating in the short run or the long run. old york & company, a women's retailer, is not under a wage contract with its employees, but it is currently in a one year lease at its mall location.
Refer to the table below. The table shows the monthly economic profit of a drugstore. Total (gross) revenues per month $ 27,000 less explicit costs: Economic profit (revenue minus all costs) $2,000 If the owner of the drugstore hired a manager for $1..
Explain how the travel cost method might be used to determine the value visitors place on their right to visit a national park?
What is the price and output this monopoly would produce at if unregulated. What is the socially optimal price and output for this monopoly? What is the fair return price and output for this monopoly?
Which of the following is an ultimate objective of the Federal Reserve?
Evaluate and discuss strengths and weaknesses of both approaches. Discuss any improvements in selection process of either firm that you would recommend.
Impact the decrease in the price of land will have on this firm's short run cost curves (short run fixed costs, variable costs also total costs). Elucidate your illustration.
CosbyCompany purchased a truck that cost $26,000. The company expected to drive the truck 100,000 miles. The truck had an estimated salvage value of $2,000. If the truck is driven 36,000 miles in the current accounting period, Calculate the amounts s..
What do you think will cause market fluctuations over the next few years as the economy struggles to recover? What areas of the economy should be closely watched as indicators of future activity?
What are the factors that allow a company to pursue an outpacing strategy?. Identify the ways that companies can follow in order to deal with a disruptive innovation. Explain the six paths framework and be able to use it for value creation in e-busin..
Suppose that one firm is the only employer of a certain labor service (i.e., the firm is a monopsonist). Assume its MRPL is given by L= 11 - w and the labor supply is L = W. What is the wage paid and the number of labor hours hired by the profit maxi..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd