A resident corporation is one that is: (2012 Bar Question)

The question

A resident corporation is one that is: (2012 Bar Question)

1. A.Organized under the laws of the Philippines that does business in another country;
2. B.Organized under the laws of a foreign country that sets up a regional headquarter in the Philippines doing product promotion and information dissemination;
3. C.Organized under the laws of the Philippines that engages business in a special economic zone;
4. D.Organized under the laws of a foreign country that engages in business in Makati City, Philippines.

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