Since the Level of Doing Business That Constitutes Intrastate Business

question 52

Multiple Choice

Since the level of doing business that constitutes intrastate business for qualification purposes has been difficult to define,the Model Business Corporation Act lists several activities that do not require qualification.One such activity is:

• A)owning or using real estate for general corporate purposes.
• B)soliciting orders by mail that require acceptance outside the state.
• C)entering into contracts relating to local business or sales.
• D)maintaining a stock of goods within a state from which to fill orders.

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Definitions:

Objective Observation

The process of gathering data or information through sensory input without bias or preconceived ideas influencing the perception.

Mary Anning

A pioneering 19th-century British paleontologist who made important contributions to the field through her discoveries of Jurassic marine fossil beds along the English Channel at Lyme Regis.

Paleontology

The scientific study of life that existed prior to, and sometimes including, the start of the Holocene Epoch (approximately 11,700 years ago). It involves the examination of fossils to understand the processes of evolution and the history of life on Earth.

Marine Animals

Organisms that inhabit the saltwater environments of oceans and seas.