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

Question

Quizplus · Accepted Answer

Income trusts are suitable for businesses with steady cash flows and low capital expenditure needs, as they distribute most of their income to investors.

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