In Determining Living Standards,productivity Plays a Key Role

question 94

Multiple Choice

In determining living standards,productivity plays a key role

• A)for individuals,but not for nations.
• B)for nations,but not for individuals.
• C)for both nations and individuals.
• D)for neither nations nor individuals.

---

Definitions:

In Personam Jurisdiction

The power of a court to require a party (usually the defendant) or a witness to come before the court. The court must have personal jurisdiction to enforce its judgments or orders against a party. In personam jurisdiction extends only to the state’s borders in the state court system and across the court’s geographic district in the federal system.

Quasi In Rem

A legal term referring to a court's jurisdiction over an individual's property to resolve a dispute, not directly against the person.

Excess Proceeds

The amount of money that remains after all debts, liabilities, and costs have been paid off in a transaction, often associated with auctions or foreclosures.

Neonates

Newborn babies, especially within the first month after birth.