A C Corporation is a legal structure that businesses can choose as an entity type when forming their organization. The primary benefit of this type of organization is limited liability, meaning the owners and shareholders are not personally liable for any debt or losses incurred by the business. Other key features of a C Corporation include separating ownership and management, holding corporate meetings, issuing stock, and having the potential to attract investors. Being classified as a C Corporation also brings the added liability protection of letting owners use corporate profits to make investments and gain tax benefits without being responsible for the outcome.