MegaCorp is officially incorporated in the state of Delaware. It is also registered to do business in New York. Legally, under New York law, MegaCorp is known as what kind of corporation? a. Alien b. Cumulative c. Foreign d. Domestic

Question

Nathanial Nelson

Social Studies

5 May, 08:43

MegaCorp is officially incorporated in the state of Delaware. It is also registered to do business in New York. Legally, under New York law, MegaCorp is known as what kind of corporation? a. Alien b. Cumulative c. Foreign d. Domestic

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Answers (1)

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Zechariah · Answer 1

c. Foreign Corporation

Explanation:

Foreign corporation is a phrase used in the United States that characterizes an established corporation (or other form of corporate entity, such as a limited partnership or LLC) carrying on operations in a state or territory other than where it was initially established.

MegaCorp was initially established in Delaware, but it is also carrying out operations in another state, New York.