Asked by Arianna Mendez on Jul 09, 2024

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In federal courts,a corporation is:

A) a citizen of only the place where is has been incorporated.
B) a citizen of only it principal place of business.
C) a citizen of both the state where it has been incorporated and the state where it has its principal place of business.
D) a citizen of that state which has enacted a "long-arm" statute,and thus has jurisdiction.

Long-arm Statute

A state statute that grants to a state’s courts broad authority to exercise jurisdiction over out-of-state persons who have contacts with the state.

Principal Place of Business

The primary location where a company's business is conducted or managed.

  • Identify the distinct reasons for federal jurisdiction.
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Verified Answer

MC
MinRu ChengJul 15, 2024
Final Answer :
C
Explanation :
Under diversity jurisdiction,a corporation is a citizen of both the state where it has been incorporated and the state where it has its principal place of business.