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Delaware (state known for corporate law)

Delaware is a U.S. state recognized for its business-friendly legal environment, particularly its corporate law. It has a well-established court system, the Court of Chancery, which specializes in business disputes, providing quick and expert resolutions. Many companies choose to incorporate in Delaware to take advantage of favorable laws, including flexible corporate structures and tax benefits. This has led to Delaware being home to over a million registered businesses, despite its small population. Its reputation as a corporate haven makes it a significant player in the American economy.