When incorporating, a business
A) may incorporate in any state it chooses.
B) must incorporate in the state in which its headquarters are located.
C) must incorporate in the state in which it does the most business.
D) must receive the secretary of state's permission to incorporate in any state other than the one in which its corporate headquarters will be located.
E) must do none of the above.

Question

Quizplus · Accepted Answer

A business may incorporate in any state it chooses, regardless of the location of its headquarters or the state in which it does the most business. Many businesses choose to incorporate in states with more favorable tax or legal environments. For example, Delaware is a popular state for businesses to incorporate in due to its business-friendly laws and court system.

When Incorporating, a Business