In what state is XYZ Bank,a federally chartered bank,considered a citizen?
A) The bank is considered a citizen of any state in which it is located,meaning any state in which the bank has branches.
B) The bank is considered a citizen of Washington D.C.and also of the state in which it does its largest volume of business.
C) The bank is considered a citizen of the state in which it is located,meaning the state in which its main office,as specified in its articles of incorporation,is located.
D) The bank is considered a citizen only of Washington D.C.
E) The bank is considered a citizen only of the state in which it does its largest volume of business.
Correct Answer:
Verified
Q3: Plaintiffs must prove their cases beyond a
Q4: Jurisdiction refers to:
A)The power of a defendant
Q5: Once a case is in the proper
Q7: Bethenny,who resides in Rhode Island,breached a contract
Q7: If a potential juror's response to a
Q11: Before a case can be heard,it must
Q12: Jurisdiction over a person is known as
Q15: Under federal statutory law, Internet transactions cannot
Q19: Subject-matter jurisdiction is a court's power to
Q20: Only one party may appeal from a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents