Which states could have jurisdiction in case and state why

Assignment Help Business Economics
Reference no: EM131236773

Lenny was a resident of Maine and Milly was a resident of Arizona. Both went on vacation to Nevada. When on the golf course, Lenny drove the golf car recklessly, hit Milly, breaking her back. Milly suffered damages of $84,000.  

Indicate which states could have jurisdiction in this case and state why.

Indicate whether the case could be heard in federal court and why.

Reference no: EM131236773

Questions Cloud

A variation on the renter model : A variation on the Renter model: Consider the following variation: There is only a single difference: we've changed tile exponent on production of the output good so that there is now n diminishing product to ideas in that sector. Provide an economic..
Rises at the same time that the minimum wage rises : Suppose that pizza is a normal good. Suppose further that all pizza workers earn the minimum wage. What would happen to the equilibrium price and quantity of pizzas sold if income rises at the same time that the minimum wage rises? Explain.
Describe the information asymmetry : Soft selling occurs when a buyer is skeptical of the usefullness of a product and the seller offers to set a price that depends on realized value. For example, suppose you're trying to sell a company a new accounting system that will reduce costs by ..
Why the market outcomes maximizes total surplus : Which of the following is not a reason why the market outcomes maximizes total surplus?
Which states could have jurisdiction in case and state why : Lenny was a resident of Maine and Milly was a resident of Arizona. Both went on vacation to Nevada. When on the golf course, Lenny drove the golf car recklessly, hit Milly, breaking her back. Milly suffered damages of $84,000. Indicate which states c..
Compared to the traditional financing plan : Airport baggage handling equipment can be purchased for $80,000 cash (now) or for $84,000 to be financed over 60 months at 0% interest (with annual payments, where the first payment is due at the time of purchase). The sales person states that at lea..
Markets required yield to maturity on comparable-risk bond : A bond that matures in 19 years has a ?$1,000 par value. The annual coupon interest rate is 12 percent and the? market's required yield to maturity on a? comparable-risk bond is 14 percent. What would be the value of this bond if it paid interest? an..
Retrofit gasoline pumps at your filling station : It costs $30,000 to retrofit gasoline pumps at your filling station so the pumps can dispense E85 (85% ethanol and 15% gasoline). If your station makes a profit of S0.08 per gallon from selling E85 and sells an average of 20,000 gallons of E85 per mo..

Reviews

Write a Review

Business Economics Questions & Answers

  Identify an incentive conflict in your firm

Identify an incentive conflict in your firm, or one you have read about, that reduced firm value. As part of your answer discuss whether or not one or more of the legs of the organizational stool was unbalanced, and if so, how that contributed to the..

  Social security payments to retired persons

Social Security payments to retired persons is an example of: Answer A. a transfer payment. B. government spending shortages, and they always lead to deficits. C. income measured by using the value-added approach. D. a government purchase.

  The price of a hamburger rises

The United States government releases a report saying that coffee consumption makes you live a longer, healthier life. At the same time, we discover that a very bad winter has killed most of the coffee plants in Brazil. How will these two changes aff..

  Manufacturer is a monopolist in selling some product

Suppose that a manufacturer is a monopolist in selling some product to a number of competitive retailers at wholesale price w. The manufacturer has marginal cost of $10 per unit. Each retailer pays w to the manufacturer and charges p for each unit it..

  The cyclically balanced budget

The cyclically balanced budget: Answer is not easy to implement, because it is difficult to plan to balance the surpluses and deficits over a span of years. is mandated by federal law to be the responsibility of Congress. has political support becaus..

  Result of the great compromise

Which of the following is the result of the "Great Compromise" between the small and large population states?

  What is the prevailing price of oil at this level

Illustrate what is OPEC's optimal level of production? Illustrate what is the prevailing price of oil at this level.

  What is the output of each firm in this long-run equilibrium

The market for good X is perfectly competitive. The demand and supply functions of good X are given as follows: Demand: Qd = 6000 – 30 P Supply: Qs = –500 + 20 P Qd is quantity demanded in thousand units, Qs is quantity supplied in thousand units, an..

  Common ownership-government might intervene because

When there is common ownership, the government might intervene because of:

  Changing the economy with regard to unemployment

Think of ways in which the Government is actively involved with the purpose of changing the economy with regard to unemployment or inflation (or deflation). Do you agree that the Government ought to be involved? Why or why not?

  The main groups without health insurance

The main groups without health insurance are;

  What will it be worth immediately after the last deposit

Suppose you make an annual contribution of $150 each year to a college education fund for a niece. She is 4 years old now, and you will start next year and make the last deposit when she is 18. The fund is a money market account earning 6.5%/year. Wh..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd