; (2) may adopt and use a corporate seal, which shall be judicially noticed; (3) may sue and be sued in its corporate name; (4) may adopt, amend, and repeal bylaws, rules, and regulations governing the manner in which its business may be conducted and the powers vested in it may be exercised; (5) may make and carry out contracts or agreements as are necessary or advisable in the conduct of its business; (6) shall be held to be an inhabitant and resident of the third judicial district of the State of Alaska within the meaning of the laws of the United States relating to the venue of civil suits; (7) may appoint and fix compensation, in accordance with the provisions of subpart D of part III of title 5, United States Code, for such officers, attorneys, and employees as may be necessary for the conduct of its business, defining their authority and duties, and delegating to them such powers vested in the Corporation as the Administrator may determine; (8) may acquire, by purchase, lease, property, and any interest therein, and may sell, lease, or otherwise dispose of such property, as the Administrator deems necessary for the conduct of its business; (9) shall determine the character and necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid, subject to provisions of law specifically applicable to government corporations; (10) may retain toll revenues for purpose of eventual reinvestment in the Corporation or publicly owned seaway infrastructure and preservation of the surrounding ecosystem; (11) may provide services and facilities, at reasonable prices, towards the servicing and maintenance of the Sea Routes as well as vessels and visitors using the Bering Strait and Arctic Ocean Routes