Answer:
The two requirements for federal courts to exercise diversity jurisdiction is-
1. the plaintiff and defendant must be citizens of different states
2. the amount in controversy must be greater than $75,000, exclusive of interest and costs.
Explanation:
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The basic principles and laws of a nation, state, or social group that determine the powers and duties of the government and guarantee certain rights to the people in it.
Public property is owned by <u>the government</u>. Businesses or people who own property have <em>private property</em>.