(1) The Court has jurisdiction throughout the State.

(2) An action shall be commenced in the Court sitting at the place nearest to where ¾

(a) the defendant or one of 2 or more defendants, as the case may be, resides or carries on business;

(b) the cause of action or claim arose either wholly or in some material part; or

(c) a debt or sum of money is made payable under an engagement or promise in writing given by the defendant.