Delaware Facts

What is true about the Delaware Court of Chancery?

• The Court of Chancery is a criminal jury court rather than a court of equity
• The Court of Chancery is a legislative committee rather than a court
• The Court of Chancery is a court of equity rather than a criminal court
• The Court of Chancery is a federal tax agency rather than a court

Which description of Delaware courts is accurate?

• Delaware courts have jurisdiction limited to traffic violations
• Delaware courts have no role in disputes involving corporations or shareholders
• Delaware courts have specialization mainly in family-law adoptions
• Delaware courts have deep experience with disputes involving corporations, boards and shareholders

Which fact best describes large body of Delaware corporate case law?

• A large body of Delaware corporate case law guarantees one side will always win
• A large body of Delaware corporate case law can make legal outcomes more predictable
• A large body of Delaware corporate case law eliminates the need for any court decisions
• A large body of Delaware corporate case law makes all corporate outcomes random