Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt the answer only if

please answer the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

image text in transcribed
U 6. Miley owned stock in a company that collapsed due to fraud on the part of the company's executives. Miley files a lawsuit against the company and its executives seeking $40,000 in damages. Miley is a resident of Maine, the company is incorporated in Delaware, and all its executives are residents of Delaware. The basis of Miley's claim is the 1934 Securities Act which was enacted by the US. Congress. A federal district court will have subject matter jurisdiction over Miley's lawsuit. a. true. b. false

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express English Legal System

Authors: Emily Finch, Stefan Fafinski

8th Edition

1292295457, 978-1292295459

More Books

Students also viewed these Law questions

Question

Explain how to change negative self-talk into positive self-talk.

Answered: 1 week ago

Question

A greater tendency to create winwin situations.

Answered: 1 week ago

Question

Improving creative problem-solving ability.

Answered: 1 week ago