Examlex
The Smith-James Bank has an ROE of 17.5%,an asset utilization ratio of 13%,and a net profit margin of 9%.What is the bank's equity multiplier?
Long-Arm Statutes
Laws that allow a court in one jurisdiction the power to exercise jurisdiction over a defendant from another jurisdiction, provided that the defendant has sufficient connections with the area.
Minimum Contacts
A legal principle that determines the ability of a court to exercise jurisdiction over parties, based on their connection to the place where the court is located.
Diversity-of-Citizenship
A legal concept allowing federal courts to hear cases where parties are citizens of different states or a citizen of a state and a foreign country, meeting certain jurisdictional value thresholds.
State of Incorporation
The specific state within the United States where a corporation is registered to operate based on its filing of incorporation documents.
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