Asked by

Arien Drozy
on Oct 30, 2024

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What government body creates a C-corp?

A) the state government
B) the federal government
C) local county and city jurisdictions
D) the federal courts

C-corp

A legal structure for a corporation in which the owners or shareholders are taxed separately from the entity, standardized by U.S. federal law.

Government Body

An organization or a group of people that has the authority to make and enforce rules, laws, and regulations within a specific area.

  • Understand the various legal structures available for businesses and their formation process.
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JS
Jacob StAndreOct 31, 2024
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