Most individuals are NOT risk-averse

Indicate whether the statement is true or false

FALSE

Business

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Each partner has an interest in the partnership, which includes his share of profits and losses, his right to receive distributions, and his management rights

a. True b. False Indicate whether the statement is true or false

Business

Laney is a resident of Maine. Delacorte is a Canadian. They dispute the ownership of Petite Isle, an island in North Rapids River on the border between Canada and the United States. The diversity of the parties' citizenship could serve as a basis for

a. federal jurisdiction. b. general jurisdiction. c. limited jurisdiction. d. universal jurisdiction.

Business