A Business Trust, Also Called a Massachusetts Trust, Was Devised

question 31

True/False

A business trust, also called a Massachusetts trust, was devised to avoid burdens of corporate regulation, but it is no longer in use today.

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Definitions:

Sensory Meaning

The significance or interpretation assigned to a particular sensory experience, such as a smell, sound, or visual.

Physiological Memory

The body's ability to retain and recall physical sensations and responses.

Working Memory

A cognitive system responsible for temporarily holding information available for processing, key in reasoning and the guidance of decision-making and behavior.

Short-Term Memory

A limited capacity store that can maintain unrehearsed information for about 20 to 30 seconds.