:54 PM to totalUpload Assignment: Exam One - BUS121- really worth $25,000. Can Grandma get the ring back or recover t difference between 25,000 and 150 or is she merely out of luck? ring purchased in good faith without knowledge of its value? 3. Why are some controversies excluded from the court system? G examples of such issues. Why were small claims courts created? G examples of typical cases decided in such courts. Hisxa 4. Henry, a resident of Nevada, sued Adam, a resident of Utah, in t federal court in California. He sought $60,000 damages for person injuries arising from an automobile accident that occurred in Los California. a. Does the federal court have jurisdiction? Why or why no b. What rules of procedure will the court use? Why? c. What rules of substantive law will the court use? Why