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Are breaches included in tort laws?
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- A teacher, a citizen of State A, sued a librarian, a citizen of State B, in a state court in State A. The teacher is seeking $100,000 as compensation for tortious injuries allegedly caused by the librarian's negligent acts in State A. The librarian filed a notice of removal in the federal district court of State B. The teacher filed a timely motion to remand to state court.Should the court grant the motion to remand?A No, because the lawsuit was filed in State A, where the teacher is a citizen and the librarian is not.B No, because the federal court has diversity jurisdiction over the parties and the original lawsuit was not filed in State B.C Yes, because the original lawsuit was filed in State A.D Yes, because the federal court does not have personal jurisdiction.
- Which of the following is false?a)An objective of U.S. Generally Accepted Accounting Principles is to provide a clear reflection of income.b)An objective of the Internal Revenue Code is to raise revenue for the government.c)The differing objectives of U.S. GAAP and the Internal Revenue Code lead to book-tax differences.d)An objective of the Internal Revenue Code is to provide a clear reflection of income.