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A group of ten investors pool their funds to purchase a suburban retail shopping centre. The ownership structure they have purchased the asset in has

A group of ten investors pool their funds to purchase a suburban retail shopping centre. The ownership structure they have purchased the asset in has limited liability, a flat tax rate but is not entitled to a concessional rate of capital gains tax. Which ownership structure did the investors use?

a.

their individual names.

b.

joint venture.

c.

unit trust.

d.

a company.

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