Sunday, June 26, 2011

P.C.

A Professional Corporation (P.C.) is a corporate entity authorized by state law for a fairly narrow list of licensed professions, including lawyers, doctors, accountants, various types of health practitioners and often architects. A P.C. does not absolve a professional for personal liability for negligence, but does not hold them personally liable for the malpractice of other partners or owners.
More Business and Management

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