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A form of business organization that is set up to hold all the debt and equity of an underlying business and to distribute the income

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A form of business organization that is set up to hold all the debt and equity of an underlying business and to distribute the income generated by that business to its owners and is not taxable is called Select one: O a. an income trust O b. a corporation O c. a hedge fund O d. a sole proprietorship O e. a crown corporation

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