What types of professionals can form a Professional Corporation (PC)?

A Professional Corporation (PC) is specifically designed for licensed professionals who provide services in fields that require specialized knowledge and skills, such as law, medicine, accounting, and other similar professions. The formation of a PC allows these professionals to benefit from certain legal protections while adhering to the ethical and regulatory standards specific to their professions.

The correct answer emphasizes that the founders of a Professional Corporation must be individuals who possess the appropriate licenses to practice in their respective fields. This requirement ensures that the PC is recognized as a legitimate entity that adheres to the standards and qualifications of the profession, providing a framework for accountability and professionalism.

In contrast, the other options do not accurately reflect the requirements for forming a Professional Corporation. Medical professionals may form a PC, but they are not the only category included, making the first choice too narrow. Individuals without a professional license cannot form a PC, which invalidates the second choice. Lastly, while any business owners may establish a regular corporation, the context of a Professional Corporation specifically limits it to those who are licensed professionals, making the third choice incorrect as well. Therefore, recognizing that only licensed professionals can form a Professional Corporation is crucial in understanding how these entities operate and the legal framework surrounding them.