A domestic corporation is one whose assets are primarily ( 50%) located in the U.S.

Name: A domestic corporation is one whose assets are primarily (> 50%) located in the U.S.
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Question

A domestic corporation is one whose assets are primarily (> 50%) located in the U.S.

Quizplus · Accepted Answer

A domestic corporation is defined by its incorporation within a specific country, not by the location of its assets. In the U.S., a domestic corporation is one that is incorporated under the laws of one of the states or the District of Columbia.

A Domestic Corporation Is One Whose Assets Are Primarily (>