Under the diversity of citizenship,a corporation is considered to be a citizen of the state in which it is incorporated and in which it has its principal place of business.

Question

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This is the basic principle of diversity of citizenship under which a corporation is treated as a citizen of the state where it is incorporated and where it has its primary place of business. This principle determines whether a federal court has jurisdiction over a lawsuit involving a corporation and parties from different states.

Under the Diversity of Citizenship,a Corporation Is Considered to Be