Answer the following statement(s) true (T) or false (F)

1. The application for certificate of authority must include the name and address of a registered agent in the corporation’s state of domicile to receive service of process on any actions that may arise in the foreign state.
2. Most secretaries of state require annual reports from every domestic and qualified foreign corporation.
3. A corporation must have certain minimum contacts in a foreign state for the courts of that state to have jurisdiction over the corporation.
4. The statutes of most states provide a list of activities considered to be transacting business in that state.
5. Limited liability companies and limited liability partnerships are usually not required to obtain a certificate of authority from any
foreign state in which they transact business.


1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. FALSE

Business

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