In a C corporation, who is liable for its actions?

Name: In a C corporation, who is liable for its actions?
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In a C corporation, the corporation itself is a separate legal entity from its owners (shareholders). This means that the corporation is liable for its own actions and debts, rather than the shareholders or owners. This is known as the concept of limited liability, which is a major advantage of structuring a business as a corporation.

In a C Corporation, Who Is Liable for Its Actions