Alex and his partners have started a corporation in North Dakota.They can get it incorporated in Illinois if:

Question

Quizplus · Accepted Answer

Two fundamental considerations frequently arise when the promoters are trying to decide where to incorporate.First,the business may be incorporated in a state where the incorporation fees,taxes,annual fees,and other charges tend to be lower.Second,the promoters may decide to incorporate in a state where the corporation statute and judicial decisions grant management considerable freedom from shareholder interference in the operation of corporate affairs.

Alex and His Partners Have Started a Corporation in North