Author Question: Cosco Chemical, a U.S. corporation, operates a fertilizer plant in Honduras. An explosion at the ... (Read 137 times)

notis · **on:** Jun 24, 2018

Cosco Chemical, a U.S. corporation, operates a fertilizer plant in Honduras. An explosion at the plant killed 30 workers and injured 573 residents from the surrounding areas. Lawyers for the victims and their families have brought suit in federal district court in Texas, Cosco's state of incorporation and base of operations. The lawyers maintain the suits should be heard in the United States under U.S. standards. Under the law in Honduras, the greatest amount of compensation each victim could recover would be 400. The suit:
A) can be properly heard in U.S. federal district court in Texas.
B) must be dismissed for lack of a cause of action.
C) must be returned to the courts in Honduras.
D) can only be heard in the International Court of Justice.

Question 2

In the Parable of the Sadhu:
A) the lesson of personal values vs. organizational or group values is drawn.
B) the lesson that the rules of business prevail over personal values is drawn.
C) the lesson of survival of the fittest is given.
D) the lesson of every man for himself is critical for business survival.