A ____ corporation is chartered in a state other than in the one in which it will do business.
A)closely held
B)domestic
C)foreign
D)S-
E)C-

Question

Quizplus · Accepted Answer

A corporation is considered "foreign" in any state other than the one where it was originally chartered. If a company is chartered in one state but operates in another, it must register as a foreign corporation in the latter.

A ____ Corporation Is Chartered in a State Other Than