BUL4310: Corporate Finance

BUL4310: Corporate Finance M2A1 Module Quiz Gordon Gibbs grated his plow along his neighbor's driveway, ruining the driveway. The neighbor wants Gordon to pay the $1,500 cost of paving the driveway. If this case enters litigation, it will most likely be heard by: small-claims court Probate courts and courts of claims are examples of courts with Special jurisdiction Most courts with appellate jurisdiction are empowered to determine whether the lower courts have made errors of law. This process is referred to as: Plenary review Who typically conducts "direct examination"? The plaintiff attorney Requests for admissions: are made to secure a statement from a party that a particular fact is true A case in which one representative party files a lawsuit on behalf of all members of a group of plaintiffs who share a single, similar injury is a(n): Class action The United States Supreme Court does not have original jurisdiction in which of the following cases? Cases coming from supreme courts A credit card company has cheated one million cardholders out of 50 cents each. Marlene, one of the defrauded cardholders, wants to sue the credit card company but cannot find an attorney who is willing to do this. Marlene should: Bring a class action suit The Federal Circuit was established by Congress primarily to Streamline and unify patent law Jose wants to question in person, Ellen, a witness, about her observation of an auto accident in advance of a trial concerning the accident. Joe should: Take Ellen's position An equitable remedy may be all of the following except: Damages Joe, a citizen of Ohio, and Maria, a citizen of New Mexico, have an auto accident in New Mexico. For a federal court to hear this case there must be: An amount over 75,000 involved

BUL4310: Corporate Finance M2A1 Module Quiz The is played out every time a plaintiff and defendant place their case in the hands of a judge or jury. Uncertainty principle Joe signed a promissory note for $5,000 to cover the cost of roofing repairs by Acme Roofing Company. Acme transferred the note to Big Bank who sued Joe when he failed to pay the note. Joe believes that Acme did not do the repairs properly If Joe wants to bring Acme into court, then Joe's answer should contain a: third-party-complaint against Acme Courts with the power to hear any type of case are said to exercise: General jurisdiction