What Two Conditions Must Exist for Federal Courts to Have

question 45

Multiple Choice

What two conditions must exist for federal courts to have diversity jurisdiction?

• A)An individual is bringing suit against a corporation,and the amount in dispute exceeds $75,000.
• B)The plaintiff and defendant are from the same family,and the amount in dispute exceeds $50,000.
• C)The case has been tried in two different states with two different outcomes,and the amount in dispute exceeds $50,000.
• D)The plaintiff and defendant are citizens of different states,and the amount in dispute exceeds $75,000.

Understand the contributions and limitations of archaeological evidence regarding early human settlements.

Comprehend the role of urban interdependence in societal stability and development.

Recognize the significance of animal to human disease transmission (zoonoses) and its implications.

Understand the evolution and role of social and economic structures within historical societies.

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Definitions:

Severe Inflation

An extreme rate of inflation, characterized by a rapid and uncontrollable increase in prices, significantly eroding purchasing power.

Savings and Loan Associations

Banks and similar entities that focus on taking in savings from depositors and providing home loans along with other types of financing.

Mortgage Loans

Loans secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty.

Installment Loans

Loans that are repaid over time with a set number of scheduled payments, commonly used for items like cars and large appliances.