Which fact best describes Delaware as an incorporation choice?

• Virginia’s popularity as a place of incorporation can be studied as an institutional-choice problem rather than simply as a tax-choice problem
• Delaware’s popularity as a place of incorporation can be studied as an institutional-choice problem rather than simply as a tax-choice problem
• New Jersey’s popularity as a place of incorporation can be studied as an institutional-choice problem rather than simply as a tax-choice problem
• Maryland’s popularity as a place of incorporation can be studied as an institutional-choice problem rather than simply as a tax-choice problem