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

Question

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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 the State of Alabama