Examlex
Explain what it means that external transactions have a dual effect.
Domestic Corporation
A corporation created by or organized under the laws of the state where it is operating.
Principal Office
The main executive office of a business where key administrative and leadership activities are conducted.
Alien Corporation
A corporation that though incorporated in a foreign country does business in the United States.
Undercapitalization
A financial condition where a company lacks sufficient capital to support its operations effectively, often leading to financial difficulties.
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