BUSN 420 Week 2 Quiz

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BUSN 420 Week 2 Quiz

1. (TCO 3) Sam, a citizen of New Mexico, wants to file a suit against Tanya, a citizen of Texas. Their diversity of citizenship may be a basis for

2. (TCO 3) In Fancy Frills Corporation’s suit against Glamour Stores, Inc., the jury returns a verdict in Fancy’s favor. Glamour files a motion asking the judge to set aside the verdict and begin new proceedings. This is a motion for

3. (TCO 3) Jo files a suit against Lara in a Missouri state court. Lara’s only connection to Missouri is an ad on the Web originating in Nebraska. For Missouri to exercise jurisdiction, the issue is whether Lara, through her ad, has

4. (TCO 3) Hua, a resident of Illinois, owns a warehouse in Indiana. A dispute arises over the ownership of the warehouse with Jac, a resident of Kentucky. Jac files a suit against Hua in Indiana. Regarding this suit, Indiana has

5. (TCO 3) Sam, a citizen of Tennessee, files a suit in a Tennessee state court against United Sales Corporation, a Wyoming company that does business in Tennessee. The court has original jurisdiction, which means that

6. (TCO 1) Reaching for a bottle of soda from a display in a Bargain Mart store, Cody slips in a puddle of spilled soda and falls, suffering an injury. Bargain Mart’s employees are not aware of the spilled soda until Cody falls. In a suit against Bargain Mart, Cody will most likely

7. (TCO 1) Rex, an accountant, enters into a contract to provide services to Sofi. Rex does not finish the work within the contract’s deadline. Sofi pays a penalty as a result of the missed deadline and hires Trey to complete the job. Rex is most likely liable for

8. (TCO 1) Travis, an accountant, is subject to the accounting conventions, rules, and procedures that constitute generally accepted accounting principles (GAAP). GAAP are determined by

9. (TCO 1) Drake pushes Evon into the path of an oncoming car driven by Flip. Gina tries to rescue Evon. Drake is liable for any injuries to

10. (TCO 1) Estes, an accountant, contracts to perform services for Frasier. In performing those services, Estes uncovers a suspicious financial transaction. Estes is most likely not liable if he


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