Question

Question 23 1 pts E-Corp, Inc. is formed under the laws of the State of Washington. If E-Corp, Inc. registers in California and does business in California, it will be called a corporation Question 24 1 pts Lisa, Rachel, and Ken are partners and have run their shop for many years, but the market has changed, and they decide to close their business. Once they decide to terminate their business, there is a phase of during which time all outstanding partnership matters are completed. acer

Answer 1

QUESTION NO: 23

E corp. Inc. formed under the law of washington and registered under california and does business in california it will be called a " DOMESTIC CORPORATION " in the state of organization.

A domestic corporation is a company that conducts it's operations in home country. A company that engages business in a state other than it is formed and qualified to do business in that state. An LLC / Corporation is" DOMESTIC" in the state of organization.