Examlex
If excess reserves are $10 million,(total) reserves are $14 million,and the required reserve ratio is 10%,then required reserves equal ________________ and checkable deposits equal ____________________.
Federal District Court
The general trial courts of the United States federal court system, where civil and criminal cases are filed.
Long-Arm Statutes
Laws that allow a court in one jurisdiction the power to exercise jurisdiction over a defendant from another jurisdiction, provided that the defendant has sufficient connections with the area.
Minimum Contacts
A legal principle that determines the ability of a court to exercise jurisdiction over parties, based on their connection to the place where the court is located.
Diversity-of-Citizenship
A legal concept allowing federal courts to hear cases where parties are citizens of different states or a citizen of a state and a foreign country, meeting certain jurisdictional value thresholds.
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