What legal entity may be created to take title to assets while safeguarding the owner's identity?

Name: What legal entity may be created to take title to assets while safeguarding the owner's identity?
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Question

Quizplus · Accepted Answer

A dummy corporation is a company created to serve as a front or cover for one or more companies, often to hide the identity of the owner(s). It can legally hold assets and conduct business without revealing the true ownership.

What Legal Entity May Be Created to Take Title to Assets