Bundle: The Legal Environment Of Business: Text And Cases, 10th + Mindtap Business Law, 1 Term (6 Months) Printed Access Card
10th Edition
ISBN: 9781337374835
Author: CROSS
Publisher: CENGAGE L
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Chapter 17, Problem 2BS
Summary Introduction
Case s ummary : Person J, resides in New Jersey, desired to start a restaurant business. He asked person K, residing in New York, for legal and business advice related to the exchange for a 20 percent ownership interest of the restaurant. Person J opened a restaurant CO with the help of K and cut K out of the deal. The restaurant became a success and K filed a suit against J and the company for the damages.
To f ind :The jurisdiction of the federal court over the parties on the grounds of diversity of citizenship.
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