Question

what is a c corporation?
a corporation with limited liability and taxes
a corporation that is taxed at the corporate level
a type of partnership that has higher taxes
a nonprofit organization that is exempt from taxes

Explanation:

A C - corporation is a legal entity that is taxed separately from its owners at the corporate level. It has limited liability for its shareholders, but the key tax - related characteristic is corporate - level taxation.

Answer:

B. A corporation that is taxed at the corporate level