For Businesses with Cash-Producing Assets and No Need of Large

question 7

Multiple Choice

For businesses with cash-producing assets and no need of large capital expenditures, which of the following forms of organization is the best?

• A) sole proprietorship
• B) limited partnership
• C) corporation
• D) income trust

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Definitions:

Seljuk

A medieval Turkic dynasty that controlled a vast area extending from the Hindu Kush to eastern Anatolia and from Central Asia to the Persian Gulf.

Ottoman

Relating to the Ottoman Empire, a vast and powerful empire founded in the late 13th century by Osman I and lasting until the early 20th century.

Abbasid Caliph

The ruler of the Abbasid Caliphate, an Islamic dynasty which ruled much of the Muslim world from the mid-8th to the mid-13th century, renowned for its cultural, scientific, and intellectual contributions.

Baghdad

Baghdad is the capital city of Iraq, known for its rich historical significance as a major center of learning, culture, and commerce in the Islamic Golden Age.