1. Sam Simpleton, a resident of Kansas, and Nellie Naïve, a resident of Missouri, each bought $85,000 worth of?
1. Sam Simpleton, a resident of Kansas, and Nellie Naïve, a resident of Missouri, each bought $85,000 worth of stocks at local offices in their home states from Evil Stockbrokers, Inc. Evil Stockbroker, Inc is incorporated in Delaware with its principal place of business in Kansas. Both Simpleton and Naive believe that they were cheated by Evil and would like to sue it for fraud. Assuming that no federal question is at issue, assess (explain) the accuracy of the following statements:
a. Simpleton can sue Evil in a Kansas state trial court. Please explain.
b. Simpleton can sue Evil in a federal district court in Kansas. Please explain.
c. Naïve can sue Evil in a Missouri state trial court. Please explain.
d. Naïve can sue Evil in a federal district court in Missouri. Please explain.
Copyright © 2024 1QUIZZ.COM - All rights reserved.
Answers & Comments
Verified answer
do your own hw