For purposes of diversity-of-citizenship, where does a corporation reside?

A) The state of incorporation only.
B) Only the state in which the corporation has its principal place of business.
C) The state in which the corporation has its principal place of business and the state of incorporation.
D) Any state in which the corporation does business.
E) Any state in which the corporation has done business within the last five years.

Diversity-of-Citizenship

A legal concept allowing federal courts to hear cases where parties are citizens of different states or a citizen of a state and a foreign country, meeting certain jurisdictional value thresholds.

State of Incorporation

The specific state within the United States where a corporation is registered to operate based on its filing of incorporation documents.

Principal Place of Business

The main location where a company's central operations and management are conducted.