A Suit Involving a Dispute for $45,000 Over a Contract

question 339

True/False

A suit involving a dispute for $45,000 over a contract signed in California under California law with parties from two different states could be tried in federal court using California law or in a California court using California law.

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Definitions:

Epidemic

A widespread occurrence of an infectious disease in a community at a particular time.

Fuel-Efficient

describes vehicles or machinery that use less fuel to achieve a certain distance or task, thereby reducing fuel consumption and emissions.

Equilibrium Price

Prevailing market price at which you can buy an item.

Substitute Goods

Products or services that can replace or be used in place of another to satisfy the consumer's needs.