Variable interest entities may be established as
Multiple Choice
Corporations.
Trusts.
Partnerships.
All of these answers are correct. Correct
Explanation
2.
A variable interest entity (VIE) is generally not limited as to the legal form of business that it takes (i.e. corporation, partnership, joint venture, trust, etc.).
(Corporations.) Incorrect. This type of entity can be a VIE.
(Trusts.) Incorrect. This type of entity can be a VIE.
(Partnerships.) Incorrect. This type of entity can be a VIE.
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