Suppose a Business in Georgia Sets Up a Web Site

question 98

Multiple Choice

Suppose a business in Georgia sets up a web site advertising its services.A competitor company in Illinois sues the Georgia firm in Illinois court,claiming that the service being offered is a sham that injures the Illinois firm.The Georgia company:

• A)would not be subject to the jurisdiction of the Illinois courts
• B)would be subject to the jurisdiction of the Illinois courts if the web
• C)would be subject to the jurisdiction of the Illinois courts if Illinois had a long-arm statute
• D)would be subject to the jurisdiction of the Illinois courts so long as the amount in controversy exceeded $100,000
• E)none of the other choices are correct

---

Definitions:

Year 2

Typically refers to the second year in a designated time frame, often used in financial and performance analysis.

Times Interest Earned Ratio

A financial metric that measures a company’s ability to meet its interest obligations based on its current earnings before interest and taxes.

Equity Multiplier

A financial leverage ratio that measures the portion of a company’s assets that are financed by its shareholders' equity.

Debt-to-Equity Ratio

A gauge of a firm's financial risk, determined by dividing its overall debts by the equity of its shareholders.