(c) A domestic corporation is one that operates and
does business in the state in which it was incorporated. Answer
(a) is incorrect because Macro, instead of incorporating in Nevada,
may qualify to do business by obtaining a certificate of authority
from Nevada. Answer (b) is incorrect because Macro is a
foreign corporation in Nevada because it did not incorporate
there. Answer (d) is incorrect because the statement in (c) is the
only one that is true.