JKL Inc. is a corporation formed and organized under the revised corporation code as a condominium project. Its ownership is as follows: A, Filipino, 5% B, Filipino, 5% C, American, 2% D, American, 3% ABC Corp., 50% (it is owned by 60% Filipino and 40% American) DEF Corp., 25% (it is owned by 40% Filipino and 60% American) XYZ Corp., 10% (all of the stockholders are Japanese) The Corporation has 5 directors. 1 Filipino, 3 Americans and 1 Japanese.

a. What is the citizenship of the corporation?

b. Is there a violation of the law that will warrant the revocation of its corporate existence? (State your reasons, showing your computation if applicable.)