When an LLC Desires to Do Business in Another State,it

question 15

Multiple Choice

When an LLC desires to do business in another state,it must obtain a(n) :

• A) out-of-state business permit
• B) certificate of authority
• C) foreign agent authorization
• D) articles of organization exemption
• E) authorization to extend business out of state

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Definitions:

Additional Terms

Additional clauses or stipulations added to a contract or agreement that are not part of the original proposal or negotiation.

Merchant

A person who is engaged in the purchase and sale of goods. Under the Uniform Commercial Code, a person who deals in goods of the kind involved in the sales contract; for further definitions, see UCC 2–104.

Original Offer

The initial proposal or bid made during negotiations or contractual discussions, from which subsequent offers may be derived.

New Terms

Newly established conditions or concepts introduced within a specific context, such as agreements or industries.