A foreign corporation can conduct commerce in a state if it obtains a certificate of authority from the state.

Question

Quizplus · Accepted Answer

In most states, a foreign corporation is required to obtain a certificate of authority before conducting business in the state. This certificate essentially gives the corporation permission to operate within the state's jurisdiction. Failure to obtain this certificate may result in penalties, fines or other legal consequences.

A Foreign Corporation Can Conduct Commerce in a State If