Which of the following is true for a corporation's incorporation in a state?

Question

Quizplus · Accepted Answer

A corporation can incorporate in only one state, but it can register to do business in other states as a foreign corporation. Incorporation is the legal process used to form a corporate entity or company. A corporation is legally a separate entity from its owners, and it is this legal separation that gives it the unique rights, protections, and liabilities. Once incorporated in one state, the corporation would not incorporate again in another state but rather would register or qualify to do business there as a foreign corporation.

Which of the Following Is True for a Corporation's Incorporation