Answered

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Which organization most fully protects owners from personal liabilities and is taxed separately?

a. Partnership
b. S Corp
c. LLC
d. C Corp

Sagot :

Answer:

d. C Corp

Explanation:

A C Corp refers to a C corporation which refers to a legal structure for a corporation in which in the entity is taxed separately from the shareholders who are the owners of the corporation.

In a C Corp, the income, assets and liabilities of the owners are legally separated from that of the corporation, and the personal liability of the shareholders is limited to their amount of their shareholding or investment in the corporation.

Therefore, organization that most fully protects owners from personal liabilities and is taxed separately is C Corp.

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