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.

Question

Quizplus · Accepted Answer

The correct answer is D) business trust. Business trusts are often used to avoid the burdens of corporate regulation, including restrictions that historically prevented corporations from owning and dealing in real estate. They are particularly useful for asset securitization ventures, allowing for the pooling of assets to be managed and for investors to benefit from the trust's operations without the regulatory constraints faced by corporations.

A Business Form Devised to Avoid the Burdens of Corporate