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Delaware Is a Popular State for Many Corporations to Incorporate

Question 74

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 is 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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