Which of the following states offers the lowest organizational costs for corporations?
A) Delaware
B) Georgia
C) Michigan
D) New York
E) Alaska

Question

Quizplus · Accepted Answer

Delaware has long been known for its business-friendly laws and low organizational costs, making it a popular choice for corporations to establish their businesses there. Delaware also has a specialized legal system, the Court of Chancery, that gives prompt and efficient handling of business cases, adding to its appeal for businesses.

Which of the Following States Offers the Lowest Organizational Costs