The Correct option (B.) May motivate undesirable employee behaviors
Individual rewards are based on individual performance. This sort of reward is frequently utilized to keep outstanding workers. This incentive strategy helps to guarantee that employee remuneration is appropriate with their achievements.
Individual incentives used by businesses to recognize outstanding achievers include: comp time. Bonus money. Prizes are not monetary.
Several ways may be distinguished among individual incentive schemes, including merit-based pay (often known as merit compensation), piece-rate incentive programs (where workers are paid depending on the quantity of production), bonus systems of various types, and commissions.
One of the best rewards for workers is Extra paid time off, and it may also benefit the company. This incentive not only gives diligent workers a much-needed respite, but it also increases production over the long run.
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Full Episode :As a product promoter, Emily receives a commission on every sale made as a result of her presentations. However, part of her job also is to keep the area around her display neat and to return the items she promotes to their correct locations following demonstrations. Since Emily does not get a bonus for cleaning up, she leaves her area messy and does not return products following demonstrations. Which disadvantage of individual incentives does this illustrate?
A. Many jobs have no direct output
B. May motivate undesirable employee behaviors
C. Record-keeping burden is high
D. May not fit organizational culture
E. None of the above
construction workers that are temporarily laid off because of seasonal variations in sales or production are:
Construction workers that are temporarily laid off because of seasonal variations in sales or production are considered to be on a temporary layoff or furlough.
Temporary layoffs, also known as furloughs, occur when employers need to reduce their workforce temporarily due to a decrease in sales or production during certain seasons. This is common in industries that experience fluctuating demand throughout the year, such as construction.During a temporary layoff, construction workers are not terminated from their jobs permanently. Instead, they are put on a temporary break from work, typically without pay, until the demand for their services picks up again. This allows employers to retain experienced workers and avoid the costs associated with hiring and training new employees once the busy season resumes.This allows employers to manage fluctuations in demand while retaining skilled workers.
While on a temporary layoff, construction workers may be eligible for certain benefits such as unemployment insurance or other government assistance programs. These benefits can help bridge the financial gap during the period of unemployment.It's important to note that temporary layoffs are different from permanent layoffs, as they are intended to be temporary and workers are expected to return to their jobs once the seasonal demand increases. Employers should communicate the duration of the layoff and any plans for rehiring to their workers, ensuring transparency and maintaining a positive employer-employee relationship.
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Which example BEST demonstrates a fixed exchange rate?
Nineteen European Union (EU) member states have adopted the euro (€) as their common currency, and their exchange rates are effectively fixed to each other.
One US dollar might buy one British Pound today, but it might only buy 0.95 British Pounds tomorrow.
The Hong Kong dollar (HKD) is pegged at 7.8 to the US dollar, but can trade between 7.75 and 7.85.
The central bank of Vietnam allows its currency, the dong, to move in a band of 3 percent on either side of a daily reference rate.
The BEST example of a fixed exchange rate is A. Nineteen European Union (EU) member states have adopted the euro (€) as their common currency, and their exchange rates are effectively fixed to each other.
What is a fixed exchange rate?A fixed exchange rate is a system in which the value of a currency is fixed, or pegged, to the value of another currency, commodity, or other measure of value.
In this case, the exchange rate between the European Union member states that have adopted the euro as their common currency is fixed, meaning that it does not fluctuate in response to changes in supply and demand.
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Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have _________ in supply.
a. increased
b. decreased
Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have increased in supply. Option A
What are electronic books?E-books, or electronic books, are digital files including text and images that may be distributed electronically and displayed on screens in a way that is comparable to a traditional book.
eBooks are portable and light, making them simple to transport. A single eBook reader may store thousands of eBooks, saving you from lugging many heavy books. Both in your house and your purse, it frees up a lot of room. Concerning the storage cap, one should not worry.
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what was the most purchased product by rocky mountain bikes? how much did they purchase over all the years?
In Northern California, USA, the sport gained popularity in the 1970s when participants rode dated, single-speed balloon tire bicycles down rocky hillsides.
Why is Rocky Mount famous?The economy of Rocky Mount has evolved to incorporate biological pharmaceuticals, manufacturing, and logistics in addition to its traditional industries of rail transportation, textiles, and agriculture. In 1969 and 1999, Rocky Mount was given the All-America City Award by the National Civic League.
What is the most well-known mountain bike manufacturer?Giant is a big rival in the industry, but Trek and Specialized enjoy greater notoriety across the globe for their brands. I keep coming back to Giant because of their affordable prices and well-known brand every time I help someone in their search for a new bike.
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How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
Answer:
Explanation:
There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.
2- Dose the first African- American women to lead a major U.S. corporation face special challenges?
Answer:
yes
Explanation:
in business everybody have to face challenges, it may be special or not
in order to expand our business and make it progress.
A process cost summary summarizes the following process costing steps: Multiple select question. equivalent units of production physical flow of units total costs charged to the department cost flow of units assignment of unit costs to ending units
A process cost summary summarizes equivalent units of production, physical flow of units.
What is Process cost summary?Process cost consists of physical flow of units, equivalent units of Production this include resources used, cost per equivalent Unit .
Therefore, a process cost summary summarizes equivalent units of production, physical flow of units.
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Answer: equivalent units of production, physical flow of units, costs per equivalent unit of production
Explanation:
Use the following to answer questions (1) through (6): Suppose a realtor believes the relationship between
the average price of a house (in dollars, denoted as Y) in Grass Valley and the number of bedrooms in the
house (denoted as X) is given by Y = a + bX. Further, when X = 2, Y = 300,000; and when X = 4, Y =
500,000.
There is a positive relationship between X and Y.
A.
B.
True
False
The statement that 'there is a positive relationship between X and Y' is true as an increase in number of bedrooms as results in an increase in average price.
It is required to determine if there is a positive relationship between the average price of a house (Y) and the number of bedrooms (X) in Grass Valley, given the equation Y = a + bX.
You are provided two data points:
1. When X = 2, Y = 300,000
2. When X = 4, Y = 500,000
Let's examine the relationship between X and Y using these points.
When the number of bedrooms (X) increases from 2 to 4, the average price of the house (Y) increases from 300,000 to 500,000. This indicates that as the number of bedrooms increases, the average price of the house also increases.
Based on this observation, there is a positive relationship between X (number of bedrooms) and Y (average price of a house) in Grass Valley. So, the statement is True.
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_____is a form of warehousing in which a wide array of goods is held close to the source of demand in order to ensure short customer lead times.
An assortment is a form of warehousing in which a wide array of goods is held close to the source of demand in order to ensure short customer lead times.
What is assortment warehousing?Assortment warehouses store combinations of products in anticipation of customer orders. An assortment can represent multiple products from different manufacturers or a special assortment according to customer specifications.It is the storage of goods that are later sold or distributed. While small home businesses may store products in guest rooms, basements, or garages, larger businesses typically own or rent space in buildings designed specifically for storage.Warehousing and warehousing of goods play an important role in logistics supply chains around the world. Warehouses not only provide 24/7 secure storage but also store goods centrally, greatly simplifying logistics planning and organization.to know more about warehousing refer
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a disadvantage of being a first mover is: select one: a. environmental instability. b. a limited market. c. long lead time to gain knowledge. d. cost disadvantages.
The disadvantage of being a first mover is: D.) cost disadvantages.
Being a first mover in a market refers to being the first company to enter and establish a presence in a new industry or introduce a new product or service. While being a first mover can have advantages, such as capturing market share and establishing brand recognition, it also comes with certain disadvantages. One of the primary disadvantages is cost disadvantages.
As a first mover, a company often incurs significant costs associated with research and development, market research, and creating infrastructure or distribution channels. These upfront investments can be substantial and may not yield immediate returns, especially if the market or consumer demand is uncertain. Additionally, being a pioneer in a market means facing the risk of technological or business model changes that could render the initial investment obsolete or less competitive over time.
Furthermore, as competitors enter the market later, they can learn from the experiences and mistakes of the first mover, potentially benefiting from improved technologies, more efficient processes, and economies of scale. This can put the first mover at a cost disadvantage, as later entrants can capitalize on the knowledge and insights gained by observing the initial entrant's actions.
Therefore, among the options provided, the disadvantage of being a first mover is primarily associated with cost disadvantages.
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Use the 3 normative theories of business ethics to analyze the ethical issues surrounding the opening case of TJX
Consider the opening case of TJX, Target and HD who were victim to security breaches where the credit card and other sensitive information about their customers was stolen. Review the company behavior during and after the breach. Using the 3 normative theories of business ethics analyze the ethical issues surrounding this situation.
Do you think these companies used Stockholder, Stakeholder or Soc Contract theory to guide them in their interaction with their consumers, law enforcement and others after the breach? Justify your points from any of these cases or personal work experienc
The opening case of TJX, Target, and HD involved security breaches where customer credit card and other sensitive information was stolen. To analyze the ethical issues surrounding this situation, let's consider the three normative theories of business ethics: Stockholder theory, Stakeholder theory, and Social Contract theory.
1. Stockholder theory: This theory states that a business's primary responsibility is to maximize profits for its shareholders. Companies guided by this theory prioritize the interests of their stockholders above all else. In the case of the security breaches, if these companies were primarily following Stockholder theory, they would focus on minimizing the financial impact on their shareholders and maintaining the reputation of the company.
2. Stakeholder theory: This theory suggests that businesses should consider the interests of all stakeholders, including customers, employees, suppliers, and the community. Companies guided by Stakeholder theory prioritize the well-being of all stakeholders and aim for a fair balance of their interests. In the case of the security breaches, if these companies were primarily following Stakeholder theory, they would take responsibility for the breach, ensure the affected customers are informed and supported, and work towards strengthening their security measures to prevent similar incidents in the future.
3. Social Contract theory: This theory emphasizes the importance of ethical behavior and trust between a company and society. It suggests that businesses have an obligation to act ethically and fulfill their social responsibilities. In the case of the security breaches, if these companies were primarily following Social Contract theory, they would recognize the breach as a violation of the trust placed in them by their customers. They would be transparent about the breach, cooperate with law enforcement, and take steps to rebuild trust with their customers by implementing stronger security measures and compensating the affected individuals.
It is difficult to determine definitively which theory these companies primarily used to guide their actions after the breaches without access to specific information. However, based on the general expectations and responsibilities associated with each theory, it is likely that a combination of Stakeholder theory and Social Contract theory would have been most appropriate in this situation. These theories prioritize the interests of customers, take responsibility for breaches, and work towards preventing future incidents while rebuilding trust.
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critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability
Answer:
availability of financial/affordability
Explanation:
it's enables you to make more money for the growth of the community so we study it that way
Explain how a problem-solving strategy is similar to deductive reasoning.
Answer:Simmetry
Explanation: it is always directly proportional with the answer. I s all about cause and effect!
Ava has a large inventory of electric generators in a database table. Her boss asked her to create a
table of 100 to 500 kilowatt generators that can also be used during freezing weather. How can Ava
use this table to create a promotion for their customers?
As the existing customer of the company is concern, the list of individual of the database can be incentivized either by sales discount or gift during their next purchase of generator in the company.
What is Promotion in marketing?In marketing, a promotion refers to an form of communication, contact or action aimed at influencing people to buy more of their products or services.
In conclusion, as the existing customer of the company is concern, the list of individual of the database can be incentivized either by discount or gift on their next purpose of generator in the company.
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Imagine you work for a large manufacturing company and are having trouble with your coworkers. You hear two coworkers gossiping and saying negative things about you. One even accuses you of stealing. Write a scenario to explain how you would handle the situation.
You overheard two coworkers chatting and they are complaining about you . Although accused of stealing by one It can be damaging to your credibility or reputation to be accused of wrongdoing at work. Allegations of sexual harassment may give rise to accusations.
Is my coworker liable for my false accusations?Legal action is not necessary in response to a single untrue charge. Nonetheless, you now have right to ask for restitution for these damages if the false report leads to bodily injury, including loss of your work and harm to your reputation.
What should you do if someone at work complains about you?Avoid making a snap decision. It will be unexpected to learn that a complaint has been made. Wait until you're provided the specifics before responding or even attempting to make no sense of it.
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This is for my NJROTC class! Pls help!
Answer: Option 1
Explanation:
Answer:
option1
Explanation:
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Econmics. 'Cause Lord knows that I don't be paying any kind of attention in that class
Answer:
lol
Explanation:
Market research is used to gather information needed to make business decisions.
Which of the following is not a reason why you should take a lean startup approach to
this?
Group of answer choices
It is easier to get financing when you have done some testing first
O It can help you avoid costly mistakes from wrong decisions
O You need to pay for research data before you talk to any customer
Talking directly to customers can inform your product design
Answer:
You need to pay for research data before you talk to any customer
Explanation:
In a lean startup approach, startup companies will gather customers feedback regarding their product and devise their plan based on those feedbacks rather than based on their own intuition.
Even though there are methods that we can use to obtain customers' feedback that require payments (such as purchasing the data from social media ), this isn't always necessary.
One thing that a company can do to obtain customers feedback without paying is to do direct outreach to the customers by sending them emails with their opinion about the products or by creating an online forum specifically for the customers to talk about the product.
which of the following is an example of a contra-asset account? (check all that apply) select one or more: a. allowance for uncollectible accounts b. accounts receivable c. interest revenue d.
The example of a contra-asset account is: a. Allowance for uncollectible accounts.
A contra-asset account is an account that has a credit balance and is used to offset the balance in a related asset account. The purpose of a contra-asset account is to reduce the carrying amount of the asset to its net realizable value. Allowance for uncollectible accounts is an example of a contra-asset account because it is used to offset the balance in the asset account, Accounts Receivable.
The allowance for uncollectible accounts represents the estimated amount of accounts receivable that are not expected to be collected, which reduces the carrying amount of the accounts receivable to its net realizable value.
Accounts receivable is an asset account, not a contra-asset account. Interest revenue is a revenue account, not a contra-asset account.
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In the absence of a specific contract provision regarding the details of payment, the UCC provides that payment be made in full:A) within 10 days of the time and place that delivery occurs.B) within 20 days of the time and place that delivery occurs.C) within 30 days of the time and place that delivery occurs.D) at the time and place that delivery occurs.
Answer:
Correct Answer:
D) at the time and place that delivery occurs.
Explanation:
When there is no available specific contract provision between two or more individual over a business transaction, there will be difficulty in keeping track of the payment and it subsequent structuring. To overcome this, there is need to make payment at the time and place the delivery occurs.
stephanie has been driving for 4 years without any major auto accidents until today
The company has a preponderance of our most popular items
When a company has a preponderance of our most popular items, it implies that the firm has more of that type of product/item than of any other.
What is preponderance?The word preponderance is said to be superiority in terms of weight, power, vitality, or strength.
It is said to be also when there is an excess of a product or an item in terms of number or quantity.
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How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answer:
The present value is $537.78
Explanation:
Given
\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
\(FV = I *(1 + R)^T\)
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
\(20,000 = I *(1 + 7.5\%)^{50}\)
Convert percent to decimal
\(20,000 = I *(1 + 0.075)^{50}\)
\(20,000 = I *(1.075)^{50}\)
\(20,000 = I *37.19\)
Divide both sides by 37.19
\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)
\(\frac{20,000}{37.19} = I\)
\(537.778 = I\)
\(I = 547.78\ (Approximated)\)
Hence, the present value is $537.78
How Eager Are You for College?
Answer:
A LOT
Explanation:
BECAUSE EVERYTIME I REALLY BE WANTING TO GO TO COLLEGE TO BE SUCCESSFUL
What should you do before giving contact information for your references to a potential employer? A. Notify references and get their permission. B. Write a follow-up letter. C. Research the company on its website. D. Introduce your references to each other. picor provided
on october 31, the end of the first month of operations, maryville equipment company prepared the following income statement, based on the variable costing concept: maryville equipment company variable costing income statement for the month ended october 31 line item description amount amount sales (14,400 units) $720,000 variable cost of goods sold: variable cost of goods manufactured $328,000 inventory, october 31 (2,000 units) (40,000) total variable cost of goods sold (288,000) manufacturing margin $432,000 variable selling and administrative expenses (187,200) contribution margin $244,800 fixed costs: fixed manufacturing costs $65,600 fixed selling and administrative expenses 57,600 total fixed costs (123,200) operating income $121,600 prepare an income statement under absorption costing. round all final answers to whole dollars. maryville equipment company absorption costing income statement for the month ended october 31 line item description amount amount sales $sales 720,000 cost of goods sold: cost of goods manufactured $cost of goods manufactured 393,600 inventory, october 31 inventory, october 31 total cost of goods sold total cost of goods sold gross profit $gross profit selling and administrative expenses. prepare an income statement under absorption cost.
Absorption costing is a method of accounting that assigns all manufacturing costs, both fixed and variable, to the products being produced means the cost of goods sold includes both direct materials, direct labor, and manufacturing overhead.
The absorption costing income statement differs from the variable costing income statement, which only includes variable manufacturing costs in the cost of goods sold.
To prepare an absorption costing income statement for Maryville Equipment Company, we need to calculate the fixed manufacturing overhead costs that were not included in the variable costing income statement. This information is found in the trial balance or other financial records.
Assuming the fixed manufacturing overhead costs for the month of October were $450,000, the absorption costing income statement would look like this:
Maryville Equipment Company Absorption Costing Income Statement
For the Month Ended October 31
Sales (220,000 units) $6,360,000
Cost of goods sold:
Variable cost of goods manufactured $1,080,000
Fixed manufacturing overhead ($450,000/220,000 units) $2.05 per unit x 220,000 units) $451,000
Total cost of goods sold $1,531,000
Gross profit $4,829,000
Selling and administrative expenses
Variable selling and administrative expenses $330,000
Fixed selling and administrative expenses $300,000
Total selling and administrative expenses $630,000
Operating income $4,199,000
The absorption costing income statement shows a higher cost of goods sold and lower operating income compared to the variable costing income statement. This is because fixed manufacturing overhead costs are included in the cost of goods sold, reducing the gross profit.
However, absorption costing is considered a more accurate method of accounting for manufacturing costs since it includes all costs associated with producing a product.
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The financial managers at Montross Corporation are arranging the financing for working capital requirements for the upcoming year. Montross’s local bank offers a discount interest loan at a quoted (simple) interest rate of 4.00%. With a discount interest loan, interest is payable up front, and the actual amount received is less than the face amount of the loan. Suppose Montross applies for a $100,000 loan with a nine-month term. Calculate the interest payment, the amount of cash received, the annual percentage rate (APR), and the effective annual rate (EAR) of this loan. Value Interest payment Amount of cash received Annual percentage rate (APR) Effective annual rate (EAR) What is the nine-month rate if the bank charges a $100 processing fee? 3.10% 4.12% 3.20% 2.88%
With the $100 processing fee, the loan has an APR of 4.72% and an EAR of 3.91%.
To calculate the interest payment, amount of cash received, annual percentage rate (APR), and effective annual rate (EAR) of the loan, we can follow these steps: Calculate the interest payment: Interest Payment = Loan Amount * Interest Rate = $100,000 * 4.00% = $4,000. Calculate the amount of cash received: Amount of Cash Received = Loan Amount - Interest Payment; Amount of Cash Received = $100,000 - $4,000 = $96,000. Calculate the APR: APR (Quoted Interest Rate) = (Interest Payment / Loan Amount) * (12 / Loan Term); APR = ($4,000 / $100,000) * (12 / 9) = 0.0533 or 5.33%. Calculate the EAR: EAR = (1 + Quoted Interest Rate / Number of Compounding Periods)^(Number of Compounding Periods) - 1; EAR = (1 + 4.00% / 1)^(1) - 1 = 0.0400 or 4.00%. Now, let's consider the additional processing fee of $100:
Calculate the interest payment with the processing fee: Interest Payment = Loan Amount * Interest Rate; Interest Payment = ($100,000 - $100) * 4.00% = $3,960. Calculate the amount of cash received with the processing fee: Amount of Cash Received = Loan Amount - Interest Payment - Processing Fee; Amount of Cash Received = $100,000 - $3,960 - $100 = $96,940. Calculate the APR with the processing fee: APR (Quoted Interest Rate) = (Interest Payment / Loan Amount) * (12 / Loan Term); APR = ($3,960 / $100,000) * (12 / 9) = 0.0472 or 4.72%. Calculate the EAR with the processing fee: EAR = (1 + Quoted Interest Rate / Number of Compounding Periods)^(Number of Compounding Periods) - 1; EAR = (1 + 4.00% / 1)^(1) - 1 = 0.0391 or 3.91%. Therefore, with the $100 processing fee, the loan has an APR of 4.72% and an EAR of 3.91%.
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When advertisers want to reach the same audience more than once, they are concerned with ______.a. humorb. targetc. frequency
When advertisers want to reach the same audience more than once, they are concerned with frequency.
What is frequency?
Frequency refers to the number of times an ad is exposed to the same audience during a certain period. It is a key concept in advertising because it allows marketers to ensure that their message reaches their target audience, and it is frequently used in the context of media planning and buying to maximize the impact of advertising campaigns.
How does frequency help advertisers?
Frequency helps advertisers by increasing the chances that their message will be noticed, remembered, and acted upon. By exposing their target audience to their message more than once, advertisers can reinforce their brand, build trust, and create a lasting impression that will drive sales and boost brand loyalty.
How to calculate frequency?
Frequency can be calculated by dividing the total number of impressions by the total number of people in the target audience. For example, if a campaign generated 10,000 impressions and reached 5,000 people, the frequency would be 2. This means that the average person in the target audience saw the ad twice during the campaign.
What are the benefits of frequency?
There are many benefits to using frequency in advertising campaigns. For one, it helps to reinforce the message and create a lasting impression. It also helps to build trust and credibility with the target audience, as well as increase brand loyalty. Additionally, it can help to drive sales and generate more revenue for the business. All of these factors contribute to the overall success of an advertising campaign, and make frequency an essential component of any marketing strategy.
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Randolph waters operates a watch repair business in mesa, arizona. He orders most of the watch parts from out-of-state suppliers. he orders watch faces from a supplier in escondido, california. The supplier does not have a sales force but relies on catalogs shipped to watch dealers throughout the country as his means of marketing. Randolph installed several of the supplier's watch faces on his customers' watches. A strange chemical reaction between perspiration and the faces of the watches caused randolph's customers to develop rashes and nausea, with some requiring hospitalization. Randolph wishes to bring suit to recover damages ($100,000) from the escondido supplier. Which of the following statements is true of this scenario? a. randolph must bring suit in california to gain jurisdiction over the supplier. b. randolph has a diversity action that can be brought in federal court. c. randolph will not be able to bring suit in arizona because there are no contacts in the state. d. randolph must bring suit in arizona state court.
The option Randolph has a diversity action that can be brought in federal court is a true statement
Option C is correct .
Federal Court :
Federal courts are courts of special jurisdiction, meaning they can only hear cases sanctioned by the United States Constitution or federal statutes. The federal district court is the commencement for any case arising under federal statutes, the Constitution, or treaties
What is the jurisdiction of a state?
Jurisdiction refers to the strength of a state to work on persons, property, and circumstances within its territory. It may be utilized through legislative, executive, or judicial actions.
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