Acme Corporation Is Chartered in Delaware,but Its Primary Area of Operation

question 134

Multiple Choice

Acme Corporation is chartered in Delaware,but its primary area of operation is in South Carolina.In South Carolina,Acme would be considered a(n) ________ corporation.

• A)alien
• B)domestic
• C)foreign
• D)local

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Definitions:

Coercive

Relating to or using force or threats to persuade someone to do something or to achieve compliance.

Process

A sequence of measures or procedures executed to accomplish a specific goal.

Information

Data that is accurate and timely, specific and organized for a purpose, presented within a context that gives it meaning and relevance.

Representative Power

The formal right conferred by the firm to speak for and to a potentially important group.