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Research the law of corporations in another state besides Delaware. What issues do businesses need to consider when incorporating How do these states compare and

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Research the law of corporations in another state besides Delaware. What issues do businesses need to consider when incorporating How do these states compare and contrast? What ideas justify the opinion that Delaware is preferred for corporate formation Research the law of corporations in another state besides Delaware. What issues do businesses need to consider when incorporating The first thing that a business must consider when attempting to incorporate is what classification of corporation they business should incorporate as, and jointly in which state they wish to incorporate. These are important questions because with each choice comes pros and cons and the same goes for each alternative or subsequent choice. For instance, when incorporating in Delaware it is required to have a registe agent with a physical address in Delaware, they can either be hired or part of the business (State of Delaware - Search and Services/Information). Likewise, each classification carries different incorporating costs, accounting procedures, reporting procedures, and tax benefits. Upon selecting the State to which it will be a corporati in it also needs to be named, this is included in the Articles of Incorporation. Accordi to Revised Model Business Corporation Act this article requires a business to have th name listed, number of shares authorized to issue, the address of the corporations registered office and agent, and the names and addresses of each incorporator (Cheeseman, 2016, p. 602). How do these states compare and i contrast

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