THE LEGAL ENVIRONMENT OF BUSINESS CHAPTER 2 QUESTIONS WITH CORRECT ANSWERS

Document Content and Description Below

judicial review Correct Answer The process by which courts decide on the constitutionality of legislative enactments and actions of the executive branch jurisdiction Correct Answer The authority of... a court to hear and decide a specific action. Literally means "the power to speak the law" in personam jurisdiction Correct Answer Court jurisdiction over the "person" involved in a legal action; personal jurisdiction in rem jurisdiction Correct Answer Court jurisdiction over a defendant's property long arm statute Correct Answer a state statute that permits a state to obtain personal jurisdiction over nonresident defendants. A defendant must have "minimum contacts" with that state for the statute to apply probate courts Correct Answer a state court of limited jurisdiction that conducts proceedings relating to the settlement of a deceased person's estate bankruptcy courts Correct Answer a federal court of limited jurisdiction that handles only bankruptcy proceedings. Bankruptcy proceedings are governed by federal bankruptcy laws In both the federal and the state court systems, a court's subject-matter jurisdiction can be limited by any of the following: Correct Answer 1) The subject of the lawsuit. 2) The sum in controversy. 3) Whether the case involves a felony (a more serious type of crime) or a misdemeanor (a less serious type of crime) 4) Whether the proceedings are a trial or an appeal federal question Correct Answer A question that pertains to the U.S. Constitution, acts of Congress, or treaties. A federal question provides a basis for federal jurisdiction. diversity of citizenship Correct Answer Under Article III, Section 2, of the Constitution, a basis for federal court jurisdiction over a lawsuit between (1) citizens of different states, (2) a foreign country and citizens of a state or of different states, (3) citizens of a state and citizens or subjects of a foreign country. The amount in controversy must be more than $75,000 before a federal court can take jurisdiction in such cases. Federal courts have subject-matter jurisdiction in two situations: Correct Answer when a federal question is involved and when there is diversity of citizenship [Show More]

Last updated: 1 year ago

Preview 1 out of 7 pages