Multiple Choice
A corporation is considered a citizen:
A) of the state in which it has its principal office, for the purpose of determining diversity of citizenship.
B) of the state of its incorporation, for the purpose of determining diversity of citizenship.
C) in both of these situations.
D) in neither of these situations.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: The modern approach follows the common law
Q50: The RMBCA has been adopted, in whole
Q51: Snazzy Sneakers Co. sues SureFast Glue Corporation for
Q52: Under the RMBCA, the bylaws may be
Q53: What is the doctrine of ultra vires
Q56: A promoter is a person who takes
Q57: If incorporated, the City of Chicago would
Q58: Norez Corporation is incorporated in the state
Q59: Opal, a promoter of Victory Corporation, has
Q60: The Revised Act authorizes shareholders in closely