The Legal Environment of Business: Text and Cases
The Legal Environment of Business: Text and Cases
10th Edition
ISBN: 9781337535878
Author: Frank B. Cross; Roger LeRoy Miller
Publisher: Cengage Learning US
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Chapter 11, Problem 3CT
Summary Introduction

Case s ummary : The person B and the other residents of the country A filed a case in the federal district court in California alleging that the company MB, a subsidiary of D, joined hands with the state security forces to kidnap, torture, and murder the plaintiff and their relatives. The claims were asserted under the Alien Tort Claims Act. The district court dismissed the case for lack of personal jurisdiction. The ruling was reversed by the Ninth Circuit. The company D appealed.

To f ind : The consequences suffered by the company D because of the decision made in the case.

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One year ago, the Jenkins Family Fun Center deposited $3,700 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $5,500 to this account. They plan on making a final deposit of $7,700 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a rate of return of 9 percent?
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