Managers And the Legal Environment Strategies for the 21st Century 7th Edition by Constance E. Bagley – Test Bank
Chapter 3
Sources of Law, Courts, and Dispute Resolution
True-False Questions
1. Federal judges are appointed for ten-year renewable terms.
ANSWER: False
SKILL LEVEL: Analytic
OBJECTIVE: AICPA: Legal
2. Court opinions are published in collections of court opinions called reporters.
ANSWER: True
SKILL LEVEL: Analytic
OBJECTIVE: AICPA: Legal
3. A cite such as 2004 WL 1208516 may be found on Westlaw.
ANSWER: True
SKILL LEVEL: Analytic
OBJECTIVE: AICPA: Legal
4. Both the U.S. Congress and state legislatures may adopt statutes.
ANSWER: True
SKILL LEVEL: Analytic
OBJECTIVE: AICPA: Legal
5. There is no minimum monetary requirement for lawsuits involving a federal question.
ANSWER: True
SKILL LEVEL: Analytic
OBJECTIVE: AICPA: Legal
6. For diversity jurisdiction to exist there must be litigants from at least three different states.
ANSWER: False
SKILL LEVEL: Analytic
OBJECTIVE: AICPA: Legal
7. Jurisdiction over the location of property at issue in a lawsuit is called in rem jurisdiction.
ANSWER: True
SKILL LEVEL: Analytic
OBJECTIVE: AICPA: Legal
8. Negotiating business contracts by means of telephone calls or mail is insufficient to provide a state court with personal jurisdiction over an individual so long as the individual is out-of-state when such contacts are made.
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