Assume a Plaintiff Files a Case in State Court That

question 71

Multiple Choice

Assume a plaintiff files a case in state court that could also have been filed in federal court.Does the defendant have any choice in the matter?

• A) The defendant has a right to move the case to federal court.
• B) The defendant can have the case moved to federal court only if federal jurisdiction question is involved.
• C) The defendant can have the case moved to federal court only if the state trial court judge grants permission in his or her discretion.
• D) The defendant can have the case moved to federal court only if the plaintiff's filing expenses in state court are paid by the defendant.
• E) The defendant has no choice, and the case will stay in state court.

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Definitions:

Speculator

An investor who engages in the buying and selling of financial instruments with the aim of profiting from short-term market fluctuations.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, typically traded on a futures exchange.

Underlying Asset

A financial asset upon which a derivative's price is based, such as stocks, bonds, commodities, or currencies.

Leverage

The use of borrowed funds to enhance the potential return of an investment.