Which of the Following Is a Term Referencing the Method

question 34

Multiple Choice

Which of the following is a term referencing the method used for determining the citizenship of a corporation for purposes of diversity of citizenship?

• A) The locality determination
• B) The nerve-center test
• C) The prime location test
• D) The conflict determination

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Definitions:

Report Rates

The interest rates reported by financial institutions, often related to loans or deposits, to regulatory bodies or in their financial statements.

LIBOR

The London Interbank Offered Rate is a standard interest rate used by leading international banks for loans to each other.

Federal Funds Rate

The Federal Funds Rate is the interest rate at which depository institutions lend reserves maintained at the Federal Reserve to other depository institutions overnight.

Bankers' Acceptances

Short-term credit investments created by a non-financial firm and guaranteed by a bank.