Walmart is incorporated in Arkansas, the state of its origins and headquarters. Within Arkansas, Walmart is classified as a(n) corporation.

a. privately-held
b. foreign
c. alien
d. domestic
e. hometown

The correct answer is letter "D": domestic.

Explanation:

Domestic corporations are those that operate within the state where they were established. This is in contrast to foreign corporations that are those that operate in a state different than the one where the headquarters are located. Domestic corporations are domestic only in the state where they were established since they are considered foreign in all other states.

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