Nikita established a corporation in Nebraska,but she recently moved to Colorado where she now conducts her business.What type of corporation does Nikita own?
A)Alien corporation
B)Domestic corporation
C)Foreign corporation
D)National corporation

Question

Quizplus · Accepted Answer

Nikita's corporation was established in Nebraska, but is now conducting business in Colorado, which makes it a foreign corporation in Colorado. A foreign corporation is a corporation that is incorporated in one state but doing business in another state.

Nikita Established a Corporation in Nebraska,but She Recently Moved to Colorado