In the United States,a corporation is called a domestic corporation if it ________.
A) does business only in the state where it is chartered
B) files income taxes with the U.S. government
C) does business only within the United States
D) has more than 5 subsidiaries in the United States
E) has incorporated its business in any of the U.S. states

Question

Quizplus · Accepted Answer

A)A domestic corporation is a corporation that does business only in the state where it is chartered or incorporated.
B)A domestic corporation is a corporation that does business only in the state where it is chartered or incorporated.
C)A domestic corporation is a corporation that does business only in the state where it is chartered or incorporated.
D)A domestic corporation is a corporation that does business only in the state where it is chartered or incorporated.
E)A domestic corporation is a corporation that does business only in the state where it is chartered or incorporated.

In the United States,a Corporation Is Called a Domestic Corporation