In Civil Cases, Most Litigation Is Brought in the

question 51

Multiple Choice

In civil cases, most litigation is brought in the

• A)federal district courts.
• B)federal circuit courts.
• C)U.S.Supreme Court.
• D)courts established by the state in which the activity in question took place.
• E)judicial venue most likely to produce an unbiased jury for the issue in question.

---

Definitions:

Marginal Cost

The expense incurred from the manufacture of an extra single product or service.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain period of time.

Profit Maximization

The approach a corporation takes to figure out the price and production level that brings in the most profit.

Profit Sharing

A company policy wherein employees receive a share of the profits of the business, which serves as a motivation and reward for their performance.