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Wells Fargo & Co. summary

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Below is the article summary. For the full article, see Wells Fargo.
Corporate board room with an executive giving a presentation on a digital interactive whiteboard showing charts and graphs.
corporation (C corp) Summary
A corporation is a legal form of business organization, chartered by a state, that exists as a separate entity from its owners. In the United States, the default corporate form is the C corporation (C corp), named for the subchapter of the Internal Revenue Code that governs its taxation.