Correct option is B
Ownership can take several forms: • Legal and equitable ownership (B): One can hold legal ownership while another holds equitable ownership (e.g., trusteeship). • Absolute and limited ownership (C): Absolute ownership refers to unrestricted control, while limited ownership is restricted by terms or conditions. • Trust and beneficial ownership (D): Trust ownership refers to the title being held by a trustee, with the beneficiary holding the beneficial interest.