Final answer:
Corporations operating in multiple provinces/territories must register in each jurisdiction and follow the applicable regulations.
Step-by-step explanation:
Corporations operating in more than one province/territory must register in each jurisdiction and follow the regulations that apply in that jurisdiction. This statement is true.
When a corporation operates in multiple provinces or territories within a country, it is subject to the laws and regulations of each jurisdiction in which it operates. This means that the corporation must register with each province/territory and comply with the specific regulations set by each jurisdiction.
For example, if a corporation operates in Ontario and Quebec, it must register as a corporation in both provinces and adhere to the respective laws and regulations set by each provincial government. This ensures that the corporation is operating within the legal framework of each jurisdiction.