For Federal "Diversity" Jurisdiction to Exist

question 59

Multiple Choice

For federal "diversity" jurisdiction to exist:

• A)the case must begin in a federal court of appeals.
• B)the amount in controversy must exceed $75,000.
• C)both the plaintiff and the defendant must be citizens of the same state.
• D)the case must pertain to the Constitution,laws,or treaties of the United States.

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Definitions:

Production Departments

Production departments are specific areas within a manufacturing facility where the actual production of goods takes place, often characterized by specialized operations or tasks.

Cost Driver

A factor that influences or contributes to the expense of certain business operations and activities.

Single Plantwide Rate

A method of allocating overhead costs to products using one uniform overhead rate across an entire manufacturing plant.

Multiple Production Department Rates

Different rates applied to various departments within a production process to allocate overhead costs more accurately based on each department's specific activities.