On 11.04.09, In Leasing Terms, by Celso
A general corporation, also known as a “C” corporation is the most common corporate structure. A general corporation may have an unlimited number of stockholders. Consequently, it is usually chosen by those companies planning to have more than 30 stockholders or large public stock offerings. Since a corporation is a separate entity, a stockholder’s personal liability is usually limited to the amount of investment in the corporation and no more.
