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Colt1911 [192]
1 year ago
14

Mark and Riley live in Orlando and decide to open a souvenir shop. They incorporate their shop, Sunshine Gifts, Inc., in the sta

te of Florida. In Florida, Sunshine Gifts would best be characterized as
Business
1 answer:
Nesterboy [21]1 year ago
8 0

Mark and Riley live in Orlando and decide to open a souvenir shop. They incorporate their shop, Sunshine Gifts, Inc., in the state of Florida. In Florida, Sunshine Gifts would best be characterized as A domestic corporation.

<h3><u>What are domestic corporations ?</u></h3>
  • A domestic corporation is a business that operates within its own nation.
  • A domestic business may have to pay tariffs or other fees on the goods it imports and is frequently subject to different taxation than a non-domestic firm.
  • In most cases, a domestic corporation that has filed its articles of incorporation can readily conduct business in other states or regions of the nation.

To view more questions about domestic corporation, refer to: brainly.com/question/800904

#SPJ4

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