Which of the Following Situations Will Create Diversity Jurisdiction

question 71

Multiple Choice

Which of the following situations will create diversity jurisdiction?

• A) New York sues Virginia to stop the sale of firearms to New York residents
• B) April, a Delaware resident, is a student at the state university in Delaware and sues for $1,000,000 after she is molested on campus due to lack of appropriate security
• C) April, a Delaware resident, is a student at an out-of-state university and sues the school for a $50,000 tuition refund when she must leave for a semester for a personal family emergency and the school refuses a refund or credit
• D) April, a Delaware resident sues Mike, a New York resident driving in Delaware, for $80,000 when he rear ends her while she's riding her bicycle and severely injures her

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Definitions:

State Charters

Legal authorizations granted by U.S. states that allow specific institutions, typically banks or corporations, to operate within those states.

State Charters

Legal authorization provided by a state to create an organization, such as the formation of banks or corporations under state law.

Federal Reserve System

The central banking system of the United States, responsible for setting monetary policy, including regulating interest rates and managing the country's money supply.

Nationally Chartered Banks

Financial institutions that operate under a charter granted by the federal government, allowing them to provide banking services across the nation.