State Courts May Never Have Jurisdiction in Which of the Following

question 185

Multiple Choice

State courts may never have jurisdiction in which of the following situations?

• A) plaintiff and defendant both live in the same state and the dispute involves state law
• B) plaintiff and defendant live in different states, the matter involves state law, and the amount in controversy is less than $75,000
• C) plaintiff and defendant live in different states, the matter involves state law, and the amount in controversy is more than $75,000
• D) plaintiff and defendant live in the same state and the dispute involves a law for which the federal courts have exclusive jurisdiction
• E) none of the other choices; state courts could have jurisdiction in any of the situations

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Definitions:

Price Increase

A situation where the selling price of goods or services is raised by a company.

Unit Sales

The volume of product sold, representing a key measure of a company's performance and sales activity.

Variable Expense

Expenses that change in proportion to the amount of goods produced or the volume of sales, like materials or commissions on sales.

Selling Price

The amount of money for which a product or service is sold to customers, setting the revenue baseline for a business.