The amount of business a corporation does within a state can serve to subject or exempt the firm from that state’s jurisdiction. True or false?.

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02-09-2022
Business

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The amount of business a corporation does within a state can serve to subject or exempt the firm from that state’s jurisdiction. True or false?.

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tripatsingh039 tripatsingh039 · Answer 1 · 2022-09-06T03:31:50-04:00

True, the volume of business a corporation conducts within a state may subject or exempt the company from the laws of that state.

More about corporations:

Although there are many distinct sorts of corporations, they are often categorised by the law of the country in which they were established based on either the ability to issue stock or the purpose for which they were established.

A corporation can be categorised as either an aggregate, which is the topic of this article, or a sole, which is a legal body made up of a single incorporated office occupied by a single natural person.

Learn more about corporation here:

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