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    Exam 39: Corporate Formation and Financing
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    ​Ruby Red Corporation Is Incorporated in South Carolina
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​Ruby Red Corporation Is Incorporated in South Carolina

Question 54

Question 54

Multiple Choice

​Ruby Red Corporation is incorporated in South Carolina. In that state, Ruby Red is


A) ​a domestic corporation.
B) ​a foreign corporation.
C) ​an alien corporation.
D) ​a non-entity.

Correct Answer:

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