Trayon Industries is a public corporation established in California in 1987. It decides to expand its base of operations and starts operating in the state of Nevada, too. In Nevada, Trayon will be known as a(n) ________ corporation.

Question

Quizplus · Accepted Answer

When a corporation starts operating in a state other than the state where it was originally established, it is known as a foreign corporation in that state. Therefore, Trayon Industries will be known as a foreign corporation in Nevada.

Trayon Industries Is a Public Corporation Established in California in 1987