FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

A corporation that operates in the state in which it was created and from which it received its charter is best described as a(n): a.

A corporation that operates in the state in which it was created and from which it received its charter is best described as a(n):

a. Alien corporation

b. Licensed corporation

c. Domestic corporation

d. Foreign corporation

e. De facto corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Volume 1

Accounting Principles Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

8th Canadian Edition

978-1119502425

Students also viewed these Accounting questions

Question

Explain and apply the decision-making process for programmed and non-programmed decisions;

Answered: 1 week ago

Question

★★★★★
LissenPhones uses Alpha Electronics and La Paz Company to buy two electronic components used in the manufacture of its cell phones: Component 125X and Component 30Y. Consider two activities: testing...

Answered: 1 week ago

Question

★★★★★
Requirements 1. Compute the budgeted fixed manufacturing overhead rate per barrel for each of the denominator-level capacity concepts. Explain why they are different. 2. In 2020, the Philadelphia...

Answered: 1 week ago

Question

★★★★★
Your portfolio is invested 24 percent each in A and C, and 52percent in B. What is the expected return of the portfolio?What is the variance of this portfolio?What is the standard deviation? 2 answers

Answered: 1 week ago

Question

★★★★★
Given the contents of the receipt.txt file; write a series of piped commands that will read the file and output a count of the number of lines that contain a negative number. receipt.txt Burrito...

Answered: 1 week ago

Question

★★★★★
The Secretary of the Interior recently announced the creation of the "Bring Waldo Home" project. When asked if this project was justified he responded that it would create over 8,000 jobs. Explain...

Answered: 1 week ago

Question

★★★★★
A new member of an agile development team believes it is unfair to track defect counts at the team level when the continuous integration tool identifies the developer associated with each logged...

Answered: 1 week ago

Question

★★★★★
King Builders gets a CIP for a $200 million construction program involving work in 12 states. Construction is expected to last two years. Which of the following suggests that the construction program...

Answered: 1 week ago

Question

★★★★★
When controlling priorities in production scheduling, economies of scope depend on decreasing which of the following costs or times? Group of answer choices Average cost per unit made Average cost to...

Answered: 1 week ago

Previous Question Next Question