What types of cases do the state courts have authority to hear?
What about federal courts? Practically speaking, why would our
country have this multi-tiered court system?
"The primary adversarial relationship in the courts is not
between the plaintiff (prosecutor, or state) and defendant, but
rather between the ideal of justice and the reality of bureaucratic
limitations."Explain in 200 words why you agree or disagree with
this statement (take a firm position with your answer).
Federal courts may hear cases that originate and really only
pertain to state law when there is diversity of citizenship between
the plaintiff and defendant. The Gasperini case is one such case.
In the case, the federal court was compelled to apply state law,
not federal law. This is due to which famous case?
Hanna v. Plumer
Guaranty Trust v. New York
Byrd v. Blue Ridge Electrical
Erie R.R. v. Tompkins
All of these cases stand for this proposition
In...
What is the difference between tacit and explicit knowledge?
From your own experience, describe an example of each. How might an
organization manage tacit knowledge?
QUESTION
Demonstrate your knowledge of the difference between Economic
and Business (Accounting) profit by showing relevant examples. You
may use your own examples or cite examples from other sources. What
are the advantages of computing economic profit?
Select your own firm or any firm that you are familiar with.
Discuss the factors which have an influence on shareholders’
wealth. Identify managerial actions taken by the firm which are
design to influence shareholder wealth.
What is the difference between tacit and explicit knowledge?
From your own experience, describe an example of each. How might an
organization manage tacit knowledge?