A case may be venued in the county where the incident arose, or in which any party to the action resides at the time of its commencement. R. 4:3-2(a)(3). If one of the parties is a business, residence is determined by the business’ principal office and place of business. “[F]or the purpose of laying the venue, the principal office or place of business of a corporation is technically the place of residence of the corporation.” Thorn v. Central R. Co., 26 N.J.L. 121, 122 (1856); See also Mycalex Corp. of Am. v. Condenser Serv. & Eng’g Co., 137 N.J.L. 213, 214 (1948).