To create a land syndicate, the most common form of business organization used is the:
A) syndicate itself
B) limited partnership
C) S Corporation
D) land trust

Question

Quizplus · Accepted Answer

The most common form of business organization used to create a land syndicate is the limited partnership. This is because it offers liability protection to the limited partners while allowing them to invest in the syndicate without being involved in its day-to-day operations. The general partner, who manages the syndicate, has unlimited personal liability, but this risk can be minimized through insurance and proper management. The other options (syndicate itself, S Corporation, and land trust) are not typically used for creating a land syndicate.

To Create a Land Syndicate, the Most Common Form of Business