Which of the following is not true regarding a business trust?
A) when a business trust is entered into, no public filing is required
B) business trusts do not have officers or directors
C) business trusts are nonstatutory business arrangements
D) business trust beneficiaries are issued stock as evidence of their ownership rights in trust assets
Correct Answer:
Verified
Q63: The Small Business Franchise Act provided franchisees
Q64: Angela has just graduated and is ready
Q65: Business trusts are run by:
A) members.
B) managers.
C)
Q69: Clark and Kent are attorneys and have
Q70: John,Paul,Mark,and Luke have been operating an LLC,and
Q70: Stop Now LLP manufactures brake linings and
Q71: Which of the following would not generally
Q71: What is meant by the term "capital
Q72: With regard to disclosures required by franchisors
Q75: What was the effect of the creation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents