Corporations may be sued for failing to control, or monitor, or properly supervise, the actions of its employees, however corporate entities cannot be directly sued for a "person-on-person" offense such as aggravated battery.
C corporations are separate entities that can sue and be sued. However, because C Corporations are separate, they are taxed separately from their owners
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in the US, you want an s corp if you want more personal investment in the company. c corp is more limited liability. also for s corp there is no corporate tax rate (it's the same as your personal rate) but for c corp you pay the corporate tax rate.
Yes, yes, yes. Tax issues get fun when consolidating between entity types. The answer is too long to type. Pay a CPA.
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The tax form filed by the entity will tell you if it is a C corp (Form 1120), and S corp (Form 1120S), or a Partnership (Form 1065).
Limited Partnership, LLC, and Incorporation (S-corp; C-corp) form a business.
All publicly traded companies are c-corporations. So, yes, yes they are
D
Yes
Often referred to as a C-Corp.
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