In Which of the Following Situations Will a Business Incorporated

question 29

Multiple Choice

In which of the following situations will a business incorporated in Ohio be required to qualify to do business in Kentucky?

• A)The business maintains a stock of goods in Kentucky from which it sells to customers in Kentucky.
• B)The business owns a building in Kentucky,which it holds for investment.
• C)The business sends a sales agent to Kentucky to solicit orders from customers in Kentucky,while orders are brought back to and accepted in Ohio.
• D)The business sells its goods to customers in Kentucky through independent distributors located in Kentucky.

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Definitions:

Variable

A factor, characteristic, or detail that can alter or shift.

Quantity

A property that can exist as a magnitude or multitude, often measurable and expressed as a number or amount.

Quality

An attribute or a property characteristics of an object, person, or something else.

Quantified Existential

A logical term referring to statements that quantify the existence of some entity or entities in a particular domain.