There is a similar set of legal rules that applies to both foreign and alien corporations.

Alien Corporations

Companies that are incorporated in one country but do business in another.

Legal Rules

Principles or guidelines established by authority, society, or custom, which are enforceable through legal institutions.

Foreign

Related to or originating from a country different from the one being referred to, often implies external or outside influence or components.

Differentiate among international, local, and foreign companies in terms of their operational activities and legal responsibilities.

Verified Answer

Nisha PatelJul 08, 2024

Final Answer :

True

Explanation :

Many of the rules that apply to foreign corporations apply as well to alien corporations.

Learning Objectives

Differentiate among international, local, and foreign companies in terms of their operational activities and legal responsibilities.