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masha68 [24]
3 years ago
11

MegaCorp is officially incorporated in the state of Delaware. It is also registered to do business in New York. Legally, under N

ew York law, MegaCorp is known as what kind of corporation? a. Alien b. Cumulative c. Foreign d. Domestic
Social Studies
1 answer:
goldenfox [79]3 years ago
7 0

Answer:

<em>c. Foreign Corporation</em>

Explanation:

Foreign corporation is a phrase used in the United States that characterizes <em>an established corporation (or other form of corporate entity, such as a limited partnership or LLC) carrying on operations in a state or territory other than where it was initially established.</em>

MegaCorp was initially established in Delaware, but it is also carrying out operations in another state, New York.

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Economic growth is an increase in an economy's ability, compared to past periods, to produce goods and services. It can be measured by measuring the percentage in the real gross domestic product (GDP) of a country. For example, suppose a country increased its real GDP at an annual rate of 2.5%. This country is experiencing economic growth and has an increase in the value of all goods and services.

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