Multiple Choice
Which of the following is correct regarding a foreign corporation?
A) A foreign corporation is incorporated in a foreign country.
B) Failure to obtain a certificate of authority to transact business in the state impairs the validity of a contract entered into by the corporation.
C) A foreign corporation transacting business within a particular state without having first qualified cannot use the state court to maintain a lawsuit until the corporation obtains a certificate of authority.
D) All of these are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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