Business Law Term Paper (Case Study) Essay Example | Topics and Well Written Essays - 2000 words

Business Law Term Paper (Case Study) - Essay ExampleThe jurisdiction of a particular subject depend refers to the authority of the court to preside cases concerning contracts and well-mannered right issues. States court are granted general jurisdiction that allow them to hear any case unless it is command by the law of the narrate. Some states prohibit subject matter jurisdiction for cases not involving their state citizen, and those that happens outside the state. They also include those that are the mandate of federal courts.In the case study, one of a legal case arising on the jurisdiction is when company violated the law by operating in common chord different jurisdictions, yet its plumber was licensed in only one jurisdiction. There was a jurisdiction to hear the case betwixt Knarles and Chentum as the state courts have general jurisdiction and the case was among those under the docket of the state laws. Furthermore, it does not qualify to be handled by the federal court (Rakoff, 2013).Tot refers to civil cases or cases that deal with conflicts between private individuals. It can be redressed by paying of modify. This is a remedy by compensating the harmed party by monetary awards. reparation legally refers to the money that law directs one to pay after breach of duty or violation of a particular right.There are two categories of damages, which are retributive and compensatory. In the case of the former, they are awarded to punish the offending party, while the later were awarded to compensate the affected party for the loss or injury. The damages are further classified to liquidated and nominal damages. There are general guidelines that govern the damages to be awarded. For instance, its a general concept that punitive damages cannot be imposed in contractual cases that have not been proven to be wanton, deliberate or willfulIn the study, the case between Knarles and centum falls under the torts, since it is a civil case dealing with a conflict between private individuals. In