Krispy Donut Wants Its Employees to Share in the Ownership

question 28

True/False

Krispy Donut wants its employees to share in the ownership of the company.The company is ready to sell its stocks and offer the employees to be first to buy the stocks at a fixed price.

---

Definitions:

Territorially Fair

A principle aiming for fairness and equity in the enactment and enforcement of laws within different geographical territories.

Convenient Forum

A legal principle allowing courts to dismiss or transfer cases to another jurisdiction that is more suitable or appropriate for resolving the case.

Original Jurisdiction

The authority of a court to hear a case for the first time, as opposed to appellate jurisdiction, which is the authority to review decisions made by lower courts.

Limited Jurisdiction

The restricted authority granted to certain courts to hear only specific types of cases or cases within particular geographical areas.