Which is legal separate entity whose capital can be divided into small shares?

A. Proprietorship
B. Non-profit Organization
C. Company
D. None of these

Brief facts about this MCQs:

A company is a legal separate entity which is established under various rules of different countries. Every member have limited liability up to the percentage or portion of their shares in total capital. Separate entity means that default of company does not mean that the default of a single shareholder.