Ala Foreign Corporation is incorporated in Alabama.However,it is running 90 percent of its operations from Indiana.Such a type of corporation is called a(n):

Question

Quizplus · Accepted Answer

A foreign corporation may conduct most of its business in a state other than the one in which it is incorporated.Such a corporation is called a pseudo-foreign corporation in the state in which it conducts most of its business.

Ala Foreign Corporation Is Incorporated in Alabama