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Key West Margarita Company Advances in technology and shipping methods have made the concept of jurisdiction an increasingly important factor for business owners and managers. Decision making in the...

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Key West Margarita Company Advances in technology and shipping methods have made the concept of jurisdiction an increasingly important factor for business owners and managers. Decision making in the context of pursuing or defending a lawsuit in an out-of-state court must involve a cost-benefit analysis that is affected by jurisdiction issues. Read the following hypothetical case and analyze how jurisdictional issues may impact business operations Blaine is the owner of a café in Key West, Florida, and has a secret recipe for margarita mix that has been popular with locals and tourists for many years. Last year, Blaine launched Key West Margarita Company (KWMC) and began to produce, bottle, and sell the mix from a retail shop next to his cafe Because many of his customers were fourists, customers often bought the product in Key West and brought it back to their home state. More recently, Blaine set up a website to sell his product over the Internet. Although sales were slow at first, KWMC invested in a nationwide advertising campaign, and eventually more than 90 percent of its sales were to Internet customers. Laszlo, a resident of California, used a credit card to purchase several bottles of the mixture via KWMC's website after he heard rave reviews about the mix from a neighbor who had just returned from a trip to Key West. After consuming his first Key West Margarita Company cocktail, Laszlo became violently ill and had to be hospitalized, resulting in medical bills and other damages totaling $90,000. In the 12 months before Laszlo's order , KWMC shipped approximately 20,000 bottles of the mix (approximate 25 percent of its total sales) to other residents of California Explain how the Zippo standard should be applied if Laszlo files a lawsuit in a federal district court in California against WMC alleging that the margarita mix was the cause of his illness
Answered 202 days After Nov 23, 2021

Solution

Komalavalli answered on Jun 13 2022
99 Votes
Market demand is a crucial aspect in a company's success. Before offering a product or service to customers, it is critical to assess market demands. Businesses may do market research to better understand their customers and the market. We describe the sorts of market demands and how they affect businesses, as well as strategies for identifying market needs.
Laszlo filed a lawsuit against WMC in federal district court in California, saying that the margarine mix was the cause of his sickness. This will result in negative demand for the product and affect the sales.
Market demand is the precise quantity of a thing that buyers can afford and want to acquire at the given price of that product or service. Market demand affects businesses and customers equally by determining manufacturing and assisting to direct competition within the marketplace. Companies must be aware of market demand in order to plan, create, and advertise their services and goods to customers in order to...
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