Answer: Delaware
Explanation:Delaware General Corporation Law, makes up the basis of the opinions of the Courts, it is considered to be very effective on providing flexibility to corporations so that they work effectively with their own affairs. Due to this fact, Delaware
is taken by most business people as the state which has the business-friendly legal system compared to other states in America , hence many companies run their corporations in this state; almost 60% of stock change companies in New York.
Answer:
Delaware
Explanation:
Actually Delaware has more companies registered there than people living there. Delaware has more than 1,000,000 registered businesses, over 50% of all American corporations, over 75% of IPOs involve companies incorporated in Delaware and over 60% of all Fortune 500 corporations. This means that the trend is increasing and in the future those numbers will only go up.
Two things make Delaware unique:
The combination of the two factors (political and technical skills) have made Delaware's corporation statute one of the most advanced and up-to date. Of course state courts do their part and probably protect corporations more than in any other state.
