If a foreign corporation wishes to avoid transacting business in Arkansas, it would be careful NOT to do which of the following in Arkansas?
A)Own a piece of real estate on which it may build in the future
B)Own a building in which to warehouse stock
C)Maintain a bank account
D)None of these

Question

Quizplus · Accepted Answer

Owning a building to warehouse stock is considered transacting business, which a foreign corporation would want to avoid if it does not wish to be subject to Arkansas business regulations.

If a Foreign Corporation Wishes to Avoid Transacting Business in Arkansas