Corporation Leo V. Mysels was the president of Florida Fashions of Interior Design, Inc. ( Florida Fashions). Florida Fashions, which was a Pennsylvania corporation, had never registered to do business in the state of Florida. While acting in the capacity of a sales-man for the corporation, Mysels took an order for goods from Francis E. Barry. The transaction took place in Florida. Barry paid Florida Fashions for the goods or-dered. When Florida Fashions failed to perform its ob-ligations under the sales agreement, Barry brought suit in Florida. What type of corporation is Florida Fashions in regard to the state of Pennsylvania and to the state of Florida? Can Florida Fashions defend itself in a lawsuit?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Corporation Leo V. Mysels was the president of Florida Fashions of Interior Design, Inc. ( Florida Fashions). Florida Fashions, which was a Pennsylvania corporation, had never registered to do business in the state of Florida. While acting in the capacity of a sales-man for the corporation, Mysels took an order for goods from Francis E. Barry. The transaction took place in Florida. Barry paid Florida Fashions for the goods or-dered. When Florida Fashions failed to perform its ob-ligations under the sales agreement, Barry brought suit in Florida. What type of corporation is Florida Fashions in regard to the state of Pennsylvania and to the state of Florida? Can Florida Fashions defend itself in a lawsuit?  

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