Diversity of Citizenship Means That One Party Is Not a Resident

question 6

True/False

Diversity of citizenship means that one party is not a resident of the United States.

---

Definitions:

Automobile Market

The market sector that involves the buy, sell, production, and design of automobiles including cars, trucks, and motorbikes.

Strategic Considerations

The thoughtful planning and analysis focused on long-term business or military objectives, taking into account the competitive environment and potential actions of other parties.

Predatory Pricing

Selling a product or service at a very low price with the intention of driving competitors out of the market or creating barriers to entry for potential new competitors.

Tying

A sales practice where one product is sold or leased only on the condition of buying another product or agreeing to terms that are not initially disclosed.