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United States of America

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What is true about Dover and Wilmington’s different state roles?

  • Dover’s political centrality and Wilmington’s economic primacy show that a state capital and a state’s largest business center can serve different functions
  • Dover’s political centrality and Wilmington’s economic primacy show that a state capital and a state’s largest business center must always serve exactly the same function
  • Dover’s political centrality and Wilmington’s economic primacy show that a state capital and a state’s largest business center cannot exist in the same state
  • Dover’s political centrality and Wilmington’s economic primacy show that a state capital and a state’s largest business center have no relationship to state development
Correct answer(s):
  • Dover's political centrality and Wilmington's economic primacy show that a state capital and a state's largest business center can serve different functions

Which option accurately explains Delaware’s colonial sovereignty?

  • Delaware’s colonial sovereignty remained under one European power throughout the colonial period before English rule became established
  • Delaware’s colonial sovereignty changed only between U.S. states after 1800 before English rule became established
  • Delaware’s colonial sovereignty was never claimed by a European power before English rule became established
  • Delaware’s colonial sovereignty shifted repeatedly among European powers before English rule became established
Correct answer(s):
  • Delaware's colonial sovereignty shifted repeatedly among European powers before English rule became established

Which colonial history statement is correct about New Sweden?

  • New Sweden reflects only Spanish colonial settlement to the colonial history of the Delaware Valley
  • New Sweden adds no Scandinavian connection at all to the colonial history of the Delaware Valley
  • New Sweden relates only to French settlement in Canada to the colonial history of the Delaware Valley
  • New Sweden adds a Swedish and Finnish dimension to the colonial history of the Delaware Valley
Correct answer(s):
  • New Sweden adds a Swedish and Finnish dimension to the colonial history of the Delaware Valley

Which fact best describes Delaware’s registered business entities?

  • New Jersey has more active registered business entities than resident people
  • Maryland has more active registered business entities than resident people
  • Virginia has more active registered business entities than resident people
  • Delaware has more active registered business entities than resident people
Correct answer(s):
  • Delaware has more active registered business entities than resident people

Which option accurately explains high number of Delaware business registrations?

  • A high number of Maryland business registrations does not mean the same number of businesses employ workers inside the state
  • A high number of Virginia business registrations does not mean the same number of businesses employ workers inside the state
  • A high number of New Jersey business registrations does not mean the same number of businesses employ workers inside the state
  • A high number of Delaware business registrations does not mean the same number of businesses employ workers inside the state
Correct answer(s):
  • A high number of Delaware business registrations does not mean the same number of businesses employ workers inside the state

What is the correct interpretation of Delaware’s corporate-law system?

  • Delaware’s corporate-law system creates benefits from legal expertise, precedent and institutional specialization
  • Maryland’s corporate-law system creates benefits from legal expertise, precedent and institutional specialization
  • New Jersey’s corporate-law system creates benefits from legal expertise, precedent and institutional specialization
  • Virginia’s corporate-law system creates benefits from legal expertise, precedent and institutional specialization
Correct answer(s):
  • Delaware's corporate-law system creates benefits from legal expertise, precedent and institutional specialization

What is true about Corporate law, finance and professional services?

  • Corporate law, finance and professional services reinforce one another in New Jersey’s business economy
  • Corporate law, finance and professional services reinforce one another in Virginia’s business economy
  • Corporate law, finance and professional services reinforce one another in Delaware’s business economy
  • Corporate law, finance and professional services reinforce one another in Maryland’s business economy
Correct answer(s):
  • Corporate law, finance and professional services reinforce one another in Delaware's business economy

Which description of Delaware’s absence of conventional sales tax is accurate?

  • New Jersey’s absence of conventional sales tax can affect retail shopping behavior without eliminating the state’s overall tax system
  • Maryland’s absence of conventional sales tax can affect retail shopping behavior without eliminating the state’s overall tax system
  • Virginia’s absence of conventional sales tax can affect retail shopping behavior without eliminating the state’s overall tax system
  • Delaware’s absence of conventional sales tax can affect retail shopping behavior without eliminating the state’s overall tax system
Correct answer(s):
  • Delaware's absence of conventional sales tax can affect retail shopping behavior without eliminating the state's overall tax system

Which fact best describes Delaware’s gross receipts tax?

  • Poll taxes apply to many sellers and service providers in Delaware
  • National value-added taxes apply to many sellers and service providers in Delaware
  • Gross receipts taxes apply to many sellers and service providers in Delaware
  • Tariff-only systemes apply to many sellers and service providers in Delaware
Correct answer(s):
  • Gross receipts taxes apply to many sellers and service providers in Delaware

Which option accurately explains Delaware’s coastal tourism economy?

  • Kent County’s tourism economy is strongly seasonal because of its Atlantic beach communities
  • New Castle County’s tourism economy is strongly seasonal because of its Atlantic beach communities
  • Sussex County’s tourism economy is strongly seasonal because of its Atlantic beach communities
  • Bucks County’s tourism economy is strongly seasonal because of its Atlantic beach communities
Correct answer(s):
  • Sussex County's tourism economy is strongly seasonal because of its Atlantic beach communities

What is the correct interpretation of Delaware poultry production?

  • Cotton farming and crop farming remain especially important in central and southern Delaware
  • Cattle ranching and crop farming remain especially important in central and southern Delaware
  • Poultry and crop farming remain especially important in central and southern Delaware
  • Citrus growing and crop farming remain especially important in central and southern Delaware
Correct answer(s):
  • Poultry and crop farming remain especially important in central and southern Delaware

Which statement best summarizes Delaware agriculture?

  • Maryland’s economy varies spatially, with finance concentrated in the north and agriculture and tourism more prominent farther south
  • Delaware’s economy varies spatially, with finance concentrated in the north and agriculture and tourism more prominent farther south
  • Virginia’s economy varies spatially, with finance concentrated in the north and agriculture and tourism more prominent farther south
  • New Jersey’s economy varies spatially, with finance concentrated in the north and agriculture and tourism more prominent farther south
Correct answer(s):
  • Delaware's economy varies spatially, with finance concentrated in the north and agriculture and tourism more prominent farther south

Why can preliminary BEA figures change later?

  • Preliminary figures are legally fixed forever
  • Annual revisions apply only to state nicknames
  • BEA figures are replaced by land-area measurements
  • Annual revisions may update the estimates
Correct answer(s):
  • Annual revisions may update the estimates

Which education and economy statement is correct about the University of Delaware?

  • The University of Maine supports research and higher-skill economic activity in Newark
  • The University of Virginia supports research and higher-skill economic activity in Newark
  • The Rutgers University supports research and higher-skill economic activity in Newark
  • The University of Delaware supports research and higher-skill economic activity in Newark
Correct answer(s):
  • The University of Delaware supports research and higher-skill economic activity in Newark

Which statement is correct about Dover’s role as the state capital?

  • Wilmington’s role as the state capital supports a concentration of public-sector employment and services
  • Dover’s role as the state capital supports a concentration of public-sector employment and services
  • Newark’s role as the state capital supports a concentration of public-sector employment and services
  • Georgetown’s role as the state capital supports a concentration of public-sector employment and services
Correct answer(s):
  • Dover's role as the state capital supports a concentration of public-sector employment and services

Which corporate law statement is correct about the Delaware Court of Chancery?

  • The Supreme Court of Appeals is a specialized equity court rather than a general criminal court
  • The Criminal Circuit Court is a specialized equity court rather than a general criminal court
  • The Court of Chancery is a specialized equity court rather than a general criminal court
  • The Tax Court is a specialized equity court rather than a general criminal court
Correct answer(s):
  • The Court of Chancery is a specialized equity court rather than a general criminal court

Which fact best describes State government?

  • State government is centralized in Dover even though Wilmington is the state’s largest economic center
  • State government is centralized in Dover even though Newark is the state’s largest economic center
  • State government is centralized in Dover even though Rehoboth Beach is the state’s largest economic center
  • State government is centralized in Dover even though Dover is the state’s largest economic center
Correct answer(s):
  • State government is centralized in Dover even though Wilmington is the state's largest economic center

Which choice gives the correct context for deep body of precedent?

  • A deep body of precedent can make Virginia corporate law more predictable for firms and investors
  • A deep body of precedent can make Maryland corporate law more predictable for firms and investors
  • A deep body of precedent can make Delaware corporate law more predictable for firms and investors
  • A deep body of precedent can make New Jersey corporate law more predictable for firms and investors
Correct answer(s):
  • A deep body of precedent can make Delaware corporate law more predictable for firms and investors

Which option accurately explains Delaware’s regional classification?

  • Delaware’s Mid-Atlantic location provides access to major nearby markets such as Philadelphia, Baltimore and Washington
  • Delaware’s Great Plains location provides access to major nearby markets such as Philadelphia, Baltimore and Washington
  • Delaware’s Southwest location provides access to major nearby markets such as Philadelphia, Baltimore and Washington
  • Delaware’s New England location provides access to major nearby markets such as Philadelphia, Baltimore and Washington
Correct answer(s):
  • Delaware's Mid-Atlantic location provides access to major nearby markets such as Philadelphia, Baltimore and Washington

Which statement is correct about the Delaware General Corporation Law?

  • The Uniform Commercial Code is valued for flexibility in corporate organization and governance
  • The Delaware General Corporation Law is valued for flexibility in corporate organization and governance
  • The Sherman Antitrust Act is valued for flexibility in corporate organization and governance
  • The Federal Reserve Act is valued for flexibility in corporate organization and governance
Correct answer(s):
  • The Delaware General Corporation Law is valued for flexibility in corporate organization and governance