Mgt 510 Chapter 2 Quiz Strategic Management

This study source was downloaded by 100000802832151 from CourseHero.com on 11-08-2022 04:00:45 GMT -06:00https://www.coursehero.com/file/38136733/MGT-510-Chapter-2-Quizdocx/ MGT-510Chapter 2Quiz1. The role of the courts is to interpret and apply the laws True2. State courts are superior to federal courts False3. Minimum contacts with a jurisdiction are never enough to support jurisdiction over a nonresident defendant False4. A court can exercise jurisdiction over property located that is located within its boundaries True5. A business firm may have to comply with the laws of any jurisdiction in which it actively targets customers True6. For jurisdictional purposes, corporations are considered legal persons True7. The minimum-contacts requirement is usually met if a corporation advertises or sells its products within a state True8. The amount in controversy in a diversity of citizenship case must be more than $1 million before a federal court can take jurisdiction False9. States do not have exclusive jurisdiction on any matter False10. Concurrent jurisdiction exists when only state courts have the power to hear a particular case False11. Small claims courts are inferior trial courts True12. In most states, in suits brought in small claims courts, lawyers are allowed True13. In many cases, a court can exercise jurisdiction over an out-of-state defendant who