Step 1: Definition:
Cannizzaro’s reaction is a redox reaction where non-enolizable aldehydes undergo disproportionation in a strong base.
Step 2: Reaction:
\[
2 C_6H_5CHO + NaOH \rightarrow C_6H_5CH_2OH + C_6H_5COONa
\]
One aldehyde molecule is reduced to an alcohol, and the other is oxidized to a carboxylate.