A key difference between S Corporations and C Corporations is that

Select one:

a$.$ the owners of C corporations have limited liability while the owners of S corporations have unlimited liability.

b$.$ S corporations may have no more than $100$ shareholders who must all be citizens or permanent residents of the United States, while C corporations do not have these restrictions on ownership.

c$.$ C corporations seek profits while S corporations operate as not$-$for$-$profit organizations.

d$.$ C corporations have stockholders who have the right to vote in stockholders' meetings while $S$ corporations have members with no voting rights.