Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $ 75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas. To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Question

Want to see the full answer?

Answer 1

Question

Chapter 17, Problem 7BCP

Summary Introduction

Case summary: Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas.

To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

I need help finding the accurate solution to this financial accounting problem with valid methods.

What is the cost of goods sold for yaghan enterprises?

Please provide the solution to this general accounting question using proper accounting principles.

Answer 2

Question

Chapter 17, Problem 7BCP

Summary Introduction

Case summary: Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas.

To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 17, Problem 7BCP

Summary Introduction

Case summary: Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas.

To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 17, Problem 7BCP

Summary Introduction

Case summary: Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas.

To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 17, Problem 7BCP

Summary Introduction

Case summary: Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas.

To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Answer 6

Chapter 17, Problem 7BCP

Summary Introduction

Case summary: Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas.

To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Answer 7

Chapter 17, Problem 7BCP

Summary Introduction

Case summary: Company S LLC. operates an inn H in Arkansas. Company S purchased insurance from company C to cover any future damage. When a gas leaking from a heating element of swimming pool created a havoc in the building, company S filed an insurance claim to C, which it denied and asked federal district court for dispute resolution. Amount in controversy had exceeded $75,000 dollars and the parties had diversity of citizenship. Company C is organized under Ohio’s law and its principal business place is in Michigan. S is organized under the law of Oklahoma and its principal place is in Arkansas.

To find: The possibility of the court to exercise jurisdiction of diversity in this case.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 17 - Prob. 1RE Ch. 17 - Prob. 2RE Ch. 17 - Prob. 3RE Ch. 17 - Prob. 4RE Ch. 17 - Prob. 1IS Ch. 17 - Prob. 2IS Ch. 17 - Prob. 1BS Ch. 17 - Prob. 2BS Ch. 17 - Prob. 3BCP Ch. 17 - Prob. 4BCP

Solution Summary: The author explains that the district court has the power to hear a case when the parties and the corporations are of different states or nationalities.

Want to see the full answer?

Chapter 17 Solutions