A Business Form Devised to Avoid the Burdens of Corporate

question 52

Multiple Choice

A business form devised to avoid the burdens of corporate regulation, particularly the formerly widespread prohibition denying corporations the power to own and deal in real estate, and used primarily for asset securitization ventures is the:

• A) limited liability limited partnership.
• B) limited partnership.
• C) limited liability company.
• D) business trust.

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Definitions:

Anaerobic Bacteria

Bacteria that thrive in environments lacking oxygen, playing roles in processes like fermentation.

Cholera

An infectious disease caused by the bacterium Vibrio cholerae, leading to severe diarrhea and dehydration.

Spirillum

A spiral-shaped bacterium.

Parasite

An organism that lives on or in another organism and relies on it for nourishment or some other advantage to the detriment of the host organism.