What type of corporation is it if the corporation is registered in a foreign country? Select one: O a. alien O b. foreign O C. domestic O d. international

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
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What type of corporation is it if the corporation is registered in a foreign country?
Select one:
O a. alien
O b. foreign
O c.
domestic
O d. international
Transcribed Image Text:What type of corporation is it if the corporation is registered in a foreign country? Select one: O a. alien O b. foreign O c. domestic O d. international
Expert Solution
Step 1

Answer:

Alien corporation: if a corporation is registered in any foreign country (say Japan) and doing its business in Florida then it will be called alien corporation in Florida.

This terns is used in America.

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