What are some of the advantages for a business to incorporate in Delaware?
What will be an ideal response?
Delaware offers corporations several advantages:Delaware allows a great deal of flexibility for corporations with respect to the management of the business. For example, if shareholders want to vote on a matter in writing rather than holding a meeting, Delaware law requires only a majority vote to agree. A Delaware court recently upheld the enforceability of bylaws that require shareholders who want to sue a company to file their lawsuits in Delaware, which is more convenient than being sued anyplace the company does business.Delaware has a special court called a Chancery Court that hears only corporate matters. The judges are experts in corporate law. Corporate cases in Delaware can get to trial quickly.Given this special court structure, a large volume of corporate law precedent has developed in Delaware. The precedent helps attorneys better advise their corporate clients since the law is well defined.Because very few businesses are actually based in Delaware, it is viewed as being a neutral place in which to try cases. None of the parties have a home court advantage.
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As a general rule of thumb, the average number of days that receivables are on the books should not be greater than ____________________ the regular length of the credit period
Fill in the blank(s) with correct word
Discuss the importance of the ending of a presentation
Answer the following statements true (T) or false (F)
1. Wage flexibility and incentive plans are made easier when organizations have standardized wages tied to jobs and independent of a company's ability to pay. 2. One of the problems with introducing greater flexibility in the workplace is that flexibility often raises important risks or concerns for workers and unions. 3. In today's competitive, highly technology-driven economy, there is little risk to employees in increasing workplace flexibility but there is a lot to be gained. 4. Unions are uniformly opposed to moving away from job control unionism because of the risks associated with greater flexibility. 5. Skill-based pay, quality circle and other forms of innovation aimed at improving worker involvement in business have largely failed in unionized settings.
Under the UCC, a change in an existing contract must be based on consideration
Indicate whether the statement is true or false