Question
A C Corporation, or just a regular corporation offers the most protection in terms of personal liability.
Responses
True
True
False
Responses
True
True
False
Answers
GPT-4o mini
True.
A C Corporation provides the most protection in terms of personal liability for its owners (shareholders). This means that the shareholders are typically not personally liable for the debts and liabilities of the corporation beyond their investment in the company.
A C Corporation provides the most protection in terms of personal liability for its owners (shareholders). This means that the shareholders are typically not personally liable for the debts and liabilities of the corporation beyond their investment in the company.