What Are the Two Types of Jurisdiction Courts Can Have

question 49

Multiple Choice

What are the two types of jurisdiction courts can have?

• A) original and appellate
• B) trial and appeals
• C) constitutional and statutory
• D) active and restrained
• E) legislative and constitutional

---

Definitions:

Vertical Mergers

Mergers between companies at different stages of production within the same industry, aimed at increasing efficiency or control over the supply chain.

Interlocking Directorates

A situation where the members of a board of directors serve on the boards of multiple corporations, potentially leading to conflicts of interest.

Price-fixing

A form of market manipulation where competitors collude to set prices at a certain level, rather than allowing them to be determined naturally by market forces, which is illegal in many jurisdictions.

Tying Contracts

Agreements where a seller conditions the sale of one product (the tying product) on the buyer's agreement to purchase a separate product (the tied product).