Tuesday, 12 September 2023

Variable interest entities may be established as

  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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