Which of the Following Statements About Subject Matter Jurisdiction Is

question 22

Multiple Choice

Which of the following statements about subject matter jurisdiction is true?

• A) A state court will have subject matter jurisdiction over any case that is based on state law and where the parties are from the same state.
• B) The state court will have subject matter jurisdiction over any case where the amount in controversy is at least $1 million.
• C) The state court provides a neutral forum, with an appointed, life-tenured judge and a wider pool of potential jurors.
• D) In diversity cases, state law will be used as the basis for a determination of legal rights and responsibilities.
• E) If a defendant wants to be in state court and there is diversity, he has to make a motion for removal to the federal court.

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Definitions:

Swedish Krona

The official currency of Sweden, abbreviated as SEK.

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another.

Relative Purchasing Power Parity

A theory which posits that the rate of inflation in two different countries over a specific period affects the exchange rate between their two currencies.

Expected Inflation

The rate at which the general level of prices for goods and services is expected to rise, eroding purchasing power.