Examlex
While riding on a train,David notices that the trees and telephone poles close to the tracks seem to flash by,while the buildings,trees,and mountains that are farther away seem to move by more slowly.This phenomenon is called_____________
Stock
A type of security that signifies ownership in a corporation, representing a claim on part of the corporation's assets and profits.
Domestic Corporation
A corporation is deemed a domestic corporation in the state that has granted its charter. If the corporation does business in other states, it is considered a foreign corporation in the other states.
Foreign Corporation
A business entity that is registered and operates in a jurisdiction or country different from where it was originally incorporated.
Incorporated
The process by which a business is legally declared a corporate entity, separate from its owners.
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