Downwind Properties Corporation and Eastern Investments Company transfer their property to Financial Management, Inc., which manages the property and distributes the profits to Downwind and Eastern. This form of a business organization is
a. a business trust.
b. a joint stock company.
c. a joint venture.
d. a syndicate.
a. a business trust.
b. a joint stock company.
c. a joint venture.
d. a syndicate.
a. a business trust.
Begründung:
With a business trust, legal ownership and management of the property of the business stay with one or more of the trustees, and the profits are distributed to the beneficiaries.
Begründung:
With a business trust, legal ownership and management of the property of the business stay with one or more of the trustees, and the profits are distributed to the beneficiaries.
Tags: Business Trust
Quelle: p. 88
Quelle: p. 88
Larry, Michel, and Nancy are investors in Oceanic Exploration, a business trust. A business trust is managed by
a. directors and officers.
b. general partners.
c. managing members.
d. trustees.
a. directors and officers.
b. general partners.
c. managing members.
d. trustees.
d. trustees.
Begründung:
see p. 88
Begründung:
see p. 88
Tags: Business Trust
Quelle: p. 88
Quelle: p. 88
Kartensatzinfo:
Autor: Elisa
Oberthema: Law
Thema: International Law
Schule / Uni: Hanze Hogeschool
Ort: Groningen
Veröffentlicht: 14.02.2010
Tags: Exam Year 1
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Domestic (1)
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point 2 (1)
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