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The ______________ of PA sends in state malitia

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Cerberus corporation (domiciled in Alaska) sells life insurance policies. One day, it issues a $100,000 policy to a naval officer, Captain Shephard (domiciled in South Carolina). The beneficiary was fellow soldier Liara T'Soni (also domiciled in South Carolina). He paid insurance premiums from South Carolina and the company issued an insurance certificate to them in South Carolina. The contract specified that a claim would not be paid out in cases of suicide. One day, Shepard, went into a therapy session with Donnel Udina and died three days later. Liara claims that Udina murdered Shepard, while Cerberus claims Shepard committed suicide. Liara sues when Cerberus refuses to pay out on the policy in South Carolina state court. Under McGee, can a South Carolina court exercise personal jurisdiction over Cerberus?A.TrueB.False
Carole, Karmen, and Charles formed ABC Corporation. Carole received 60 percent of the stock in ABC Corporation in exchange for appreciated property, Karmen received 30 percent of the stock in ABC Corporation in exchange for legal services, and Charles received 10 percent of the stock in ABC Corporation in exchange for cash.a. Must Carole recognize the gain she realized on her transfer of the appreciated property?b. Suppose that, instead of receiving the entire 30 percent of the ABC Corporation stock in exchange for legal services, Karmen received 10 percent of the ABC Corporation stock in exchange for her legal services and she received 20 percent of the ABC Corporation stock in exchange for cash (i.e., she transferred both services and property to ABC Corporation). Must Carole recognize gain on her transfer of appreciated property?

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