Downwind Land Corporation and EZ Investments Company transfer their property to Financial Managers, Inc., which manages the property and distributes the profits to Downwind and EZ. This form of a business organization is

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A business trust is a form of business organization where property is transferred to a trustee (in this case, Financial Managers, Inc.) to manage and distribute profits to the beneficiaries (Downwind Land Corporation and EZ Investments Company).

Downwind Land Corporation and EZ Investments Company Transfer Their Property