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Delaware Is a Popular State for Many Corporations to Incorporate

Question 67

Multiple Choice

Delaware is a popular state for many corporations to incorporate in. Each of the following is a Delaware incorporation advantage except:


A) Delaware has a well-established body of case law, so the reliability and consistency of judicial decisions are enhanced.
B) Delaware statutes give officers and directors a wide range of decision-making latitude, not requiring shareholder consent.
C) Delaware statutes provide officers and directors strong protections from shareholder lawsuits alleging management negligence.
D) Delaware's tax structure provides significant tax benefits to out-of-state corporations incorporating in the state of Delaware.

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