Discuss the following:

Define and explain what personal jurisdiction and subject matter jurisdiction mean and how these terms are relevant to one who does business in different states.

Explain stare decisis and select one U.S. Supreme Court decision issued in the past two years relating to the regulation of business or likely to influence business today and provide your thoughts on whether you agreed or disagreed with the Court's opinion. Remember - the focus of this discussion question is how the decisions by the Supreme Court can affect a business and doing business today.