Which of the Following Is Correct Regarding a Foreign Corporation

question 28

Multiple Choice

Which of the following is correct regarding a foreign corporation?

• A) A foreign corporation is incorporated in a foreign country.
• B) A foreign corporation may not do business,except for acts in interstate commerce,in any state other than the state of its incorporation.
• C) Doing or transacting business within a particular state makes a foreign corporation subject to local litigation,regulation,and taxation.
• D) All of these are correct.

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Definitions:

Praising Others

The act of expressing approval or admiration for someone's achievements or qualities.

Presidential Veto

The power of the President to reject or refuse to approve a piece of legislation, preventing it from becoming law without further congressional action.

Override

To use authority to reject or cancel a decision, order, or law.

Congress

The national legislative body of the United States, consisting of two chambers: the House of Representatives and the Senate.