Which of the following statements is the most accurate? A foreign corporation:
A) does business in one or more states, but is chartered in another state.
B) is 50% owned by individuals or companies from another nation.
C) is headquartered in another nation.
D) is the same thing as a multinational corporation.

Question

Quizplus · Accepted Answer

A foreign corporation is one that does business in one or more states, but is chartered in another state. It does not necessarily have to be owned by individuals or companies from another nation or be headquartered in another nation. It is also not the same thing as a multinational corporation, which operates in multiple countries and may have multiple subsidiaries.

Which of the Following Statements Is the Most Accurate? a Foreign