For the C corporation, the ownership of the residual profits is vested in the:

Name: For the C corporation, the ownership of the residual profits is vested in the:
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In a C corporation, ownership and control are vested in the shareholders, who elect the board of directors to manage the corporation. The residual profits of the corporation belong to the shareholders, who receive dividends in proportion to their ownership percentage.

For the C Corporation, the Ownership of the Residual Profits