Which of the following statements is CORRECT?

		The corporate bylaws are identical for all firmss incorporated in a particular state.
		Corporate bylaws dictate a firm's behavior inside its home country and corporate charter outline rules for operating in foreign countries.
		For a manufacturing firm, the company must be incorporated in the same state where its largest manufacturing facilities are located.
		A new corporation is allowed to not have a charter in its initial transitional years.
		The corporate bylaws deal with things such as procedures for electing the board of directors.