What type of business corporation offers stock with or without voting rights?

A C corporation is a type of business structure that allows for a significant degree of flexibility in offering different classes of stock. This means that within a C corporation, the owners can issue stock that may have various rights attached, including the potential for some shares to have voting rights while others do not. This characteristic allows for diverse ownership structures and even the possibility of preferential treatment for certain shareholders in terms of dividends or liquidation preferences.

In contrast, S corporations are designed to avoid double taxation and have restrictions on the number and type of shareholders, thus limiting their stock options. Limited Liability Companies (LLCs) are more focused on providing liability protection and flexibility in management but do not issue stock in the traditional sense. Partnerships typically do not issue stock at all, as they operate based on the partnership agreement and distribute profits among partners according to that agreement, rather than through stock ownership.