A corporation organized under the laws of another country is termed what?

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Multiple Choice

A corporation organized under the laws of another country is termed what?

Explanation:
The main idea is how corporations are categorized by where they’re legally organized. If a corporation is formed under the laws of a country other than the United States, it is called an alien corporation. That distinguishes it from a domestic corporation (organized in the same state where it does business) and a foreign corporation (organized in another state within the United States). The term international is not the formal regulatory category used here. So, since the organization is under the laws of a country other than the U.S., the correct term is alien corporation.

The main idea is how corporations are categorized by where they’re legally organized. If a corporation is formed under the laws of a country other than the United States, it is called an alien corporation. That distinguishes it from a domestic corporation (organized in the same state where it does business) and a foreign corporation (organized in another state within the United States). The term international is not the formal regulatory category used here.

So, since the organization is under the laws of a country other than the U.S., the correct term is alien corporation.

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