Threads Main View S corporations, in theory, blend the best features of partnerships and corporations. Please respond to all of the following prompts: Why elect to form an S corporation over a C corporation? Will the ownership and/or type of business make a difference on the decision? Can an S corporation convert to a C corporation? If it were permitted, why would such a conversion be done, and when would be an appropriate time? Scoring will be based on the relevance of your discussion to the topic.