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if a company is formed in the United states, it is more like to be incorporated...

if a company is formed in the United states, it is more like to be incorporated in
A. California
B.New York
c. Delaware
d. Texas

Business   Accounting   
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Answer #1

The answer is

c. DELAWARE

REASON :

The fortune 500 companies are mostly situated in Delaware. Delaware’s body of law is more business-oriented and they have a large and advanced business court system (called the Chancery Court). Delaware is more convinient and secure for LLC to continue business. Delaware does not tax out-of-state income, it means, even if LLC's majority of business is done elsewhere, it won't be taxed in Delaware. Hence it has a reputation for being a business-friendly state.

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