ANSWER BOTH FOR INSTANT THUMBS UP!

10. Della wanted to form her corporation by incorporating in Delaware. Which of the following is an advantage to Della of incorporating in Delaware?

Multiple Choice

Significant tax benefits are available to out-of-state corporations incorporating in the state of Delaware.

The law in Delaware provides shareholders of corporations with broad powers and input over the actions of directors, who must often seek shareholder consent.

Delaware prevents corporations from being sued by consumers so long as corporate officers can demonstrate that they acted in the best interests of shareholders.

Delaware has a well-established body of case law that allows more reliability in corporate planning.

12.

The Robinson-Patman Act makes it illegal for a business entity to discriminate in price under some circumstances. Which of the following scenarios involves a potential violation of this act?

Multiple Choice

Shifty Incorporated made three different sales to Friendly Corporation, holding out for a higher price on the third and final sale, which represented a 25 percent increase of the price offered for the first two sales.

Aggressive Manufacturing sold their new product to Company A for $100,000, then refused to sell the same product to Company B for less than $150,000, and as a result no deal was made.

Shillco Incorporated sold the same software system for $200,000 to DEF Corporation and $250,000 to EFG Corporation.

Advantage Technologies quoted a price of $1 million to Company ABC and $2 million to Company XYZ for the exact same product.