Examlex
Fact Pattern 2-1
Yoshi, a Japanese citizen working in Atlanta for his Tokyo firm, decided to rent an airplane and fly himself to the Annual Catfish and Zydeco festival in Thibodaux, Louisiana. He rented a small plane to fly there. Over Alabama, thunderstorms formed. Because Yoshi was not trained to fly by instruments, he decided to land at the next airport.
As he searched for a runway, Yoshi heard a loud clank followed by silence as the engine died. He tried to land in a field but crashed. While recovering in a rehabilitation center in California, Yoshi filed suit there against the Atlanta Airport and the owners of the airplane, alleging that they were negligent in their maintenance.
-Refer to Fact Pattern 2-1. If Yoshi wants to sue the Atlanta Airport in California he will most likely have to use a long-leg statute to obtain personal jurisdiction.
Preceding Year
The year that directly comes before the current year, often used as a reference point for financial analysis or comparison.
Quick Ratio
A liquidity measure that indicates a company's ability to pay its current liabilities without relying on the sale of inventory, calculated as (current assets - inventory) / current liabilities.
Marketable Securities
Financial instruments that can be easily bought or sold on public stock exchanges or other financial markets.
Accounts Receivable
Amounts due from customers for goods or services provided by a firm, yet to be paid.
Q8: The only kinds of opinions an appellate
Q25: Why do the five debates over macroeconomic
Q55: If a defendant files a claim against
Q64: If one of the parties to the
Q145: Judges are protected from damages caused by
Q264: Misdemeanors are civil offenses generally punishable by
Q278: Concurrent jurisdiction is when the:<br>A) state and
Q282: To obtain appellate review from the U.S.
Q292: A summons can be delivered to the
Q504: The formal statements made to the court