Required information 3. the u. s. legal system the u. s. legal system introduction this interactive requires students to know differences among various kinds of jurisdiction and to be able to identify when particular kinds of jurisdiction come into play. the focus is on the complexity of subject matter jurisdiction, requiring students to know exclusive federal jurisdiction, state jurisdiction, and concurrent federal jurisdiction. rev: 11_15_2018_qc_cs-148283 3a. what is jurisdiction? what is jurisdiction? multiple choice control by regulators. power to hear cases and render decisions. power to make the law.

You are serving on a jury. a plaintiff is suing the city for injuries sustained after falling down an uncovered manhole. in the trial, doctors testified that it will be 5 years before the plaintiff is able to return to work. the jury has already decided in favor of the plaintiff, and has decided to grant the plaintiff an award to cover the following items: a. recovery of 2 years of back-pay ($34,000 for two years ago, and $36,000 for last year, which ends today). assume that it is december 31 and that all salary is received at year end. this recovery should include the time value of money. b. the present value of 5 years of future salary. assume that the plaintiff's salary would increase at a rate of 3 percent per year. c. $100,000 for pain and suffering. d. $20,000 for court costs. assume an interest rate of 7 percent. what should be the size of the settlement?

The idea of a progressive income tax, which is still a standard taxing policy in the u.s. today, was aggressively sought by the populist party. select the best answer from the choices provided true or false

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: