In Goodyear Dunlop Tires Operation V

question 32

True/False

In Goodyear Dunlop Tires Operation v.Brown,the fact that a small percentage of tires manufactured by the foreign subsidiaries had entered the North Carolina market was not sufficient to show minimum contacts in North Carolina to establish personal jurisdiction.

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Definitions:

Unobservable Actions

Actions taken by individuals or entities that cannot be seen or measured directly, often relevant in contexts of performance evaluation or trust.

Moral Hazard

The situation where one party to a transaction can take risks without having to suffer consequences, often because another party bears the cost of those risks.

Mortgage Lender

A financial institution or individual that provides loans to borrowers for the purpose of purchasing real estate, with the property serving as collateral.

Careless Finances

The mismanagement or negligent handling of personal or corporate finances.