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.)