Courts Are Developing a Sliding-Scale Standard to Determine When the Exercise

question 117

Multiple Choice

Courts are developing a sliding-scale standard to determine when the exercise of jurisdiction over an out-of-state party based on ______is proper.

• A) property within the state
• B) Internet business contacts
• C) subject matter
• D) place of residence

---

Definitions:

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender, typically expressed as an annual percentage rate.

Research and Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Expected-Rate-of-Return Curve

A graphical representation that illustrates the relationship between the expected return of an investment and its associated risk.

Interest-Rate Cost-of-Funds Curve

A curve that illustrates the relationship between the interest rates on loans or deposits and the total amount of funds borrowed or lent.