Walmart Is Incorporated in Arkansas, the State of Its Origins

question 184

Multiple Choice

Walmart is incorporated in Arkansas, the state of its origins and headquarters. Within Arkansas, Walmart is classified as a(n) ____ corporation.

• A) privately-held
• B) foreign
• C) alien
• D) domestic
• E) hometown

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Definitions:

Registration Statement

A set of documents, including financial statements and a prospectus, filed with the Securities and Exchange Commission (SEC) for a company seeking to issue publicly-traded securities.

Prospectus

An official document that companies must publish when offering securities for sale to the public, detailing the investment's risks, objectives, and financial statements.

Securities Exchange Act

A U.S. law governing the trading of securities, aimed at protecting investors through transparency and fairness.

Securities Exchange Act

A U.S. law governing the trading of securities (stocks, bonds, and securities futures) to protect investors against manipulation.