Question

Mercedes-Benz, which is chartered as a corporation in Germany but conducts much of its business ____ in the United States, is known as a(n) in the United States.

a. private corporation
b. foreign corporation
c. S-corporation
d. domestic corporation
e. alien corporation

Answer 1

Mercedes-Benz, which is chartered as a corporation in Germany but conducts much of its business in the United States, is known as a foreign corporation in the United States.

Step-by-step explanation:

Mercedes-Benz, which is chartered as a corporation in Germany but conducts much of its business in the United States, is known as a(n) foreign corporation in the United States. A foreign corporation is a company that is incorporated in one country but operates in another country. In this case, Mercedes-Benz is incorporated in Germany but conducts a significant portion of its business operations in the United States.