Define and explain what personal jurisdiction and subject matter jurisdiction mean

WEEK 7 DISCUSSION – “Stare Decisis” and the “Judicial System” Please respond to the following:

Define and explain what personal jurisdiction and subject matter jurisdiction mean and how these terms are relevant to one who does business in different states. What about a business that engages in international dealings, which court could the business be sued in and why? Provide support for your answers.

Each year, the U.S. Supreme Court issues around 100 legal decisions. The decisions are final interpretations of the law because of the Doctrine of Stare Decisis. Explain Stare Decisis and select two U.S. Supreme Court decisions issued in the past 2 years relating to the regulation of business or likely to influence business today and provide your thoughts on whether you agreed or disagreed with the Court’s opinion. Support your position and include your sources for information and cases. **Remember the focus of this discussion is how decisions by the Supreme Court affects business and doing business today!