REMICs Were Created in Order to Avoid Taxes

question 17

Multiple Choice

REMICs were created in order to avoid taxes:

• A)Entirely
• B)At the investor level
• C)At the entity level
• D)No taxes can be avoided.

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Definitions:

Avoid the Risk

A risk management strategy involving actions to prevent exposure to a risk, often by choosing not to engage in an activity.

High Rate of Failure

A situation where there is a significant percentage of attempts or endeavors that do not succeed, often used in the context of startups or new projects.