A(n)________ Is a Business Organization Governed by a Group of Trustees

question 35

Multiple Choice

A(n) ________ is a business organization governed by a group of trustees who operate the trust for the beneficiaries.

• A)joint enterprise
• B)syndicate
• C)business trust
• D)S corporation
• E)C corporation

---

Definitions:

British Pound

The currency of the United Kingdom, which is one of the world's major currencies, traded extensively in the foreign exchange markets.

Eurodollar Market

A market for US dollars deposited in banks outside the United States, particularly used for lending and borrowing between banks internationally.

Foreign Banks

Banks that are based in a country different from the country of operation, often providing a range of financial services like deposits, loans, and currency exchange.

Eurobonds

International bonds issued in a currency other than the currency of the country or market in which it is issued.