Which of the following entities can be owned solely by a corporation?

The correct answer is that real estate properties can be owned solely by a corporation. Corporations are legal entities that can hold title to property, enter contracts, and engage in business activities independently of their shareholders. This means that a corporation can acquire, manage, and sell real estate without the need for any additional ownership by individuals or other entities.

Real estate properties can be structured under different types of ownership models, including sole ownership by a corporation, enabling the corporation to benefit from the tax treatment and liability protections that come with corporate status. This is important for businesses looking to manage assets through a structured and legally protective framework.

Partnerships, on the other hand, by definition, involve ownership by two or more parties, so they cannot be solely owned by a corporation. Likewise, while corporations can own intellectual properties, the phrasing of the question emphasizes "solely owned," which applies more directly to real estate properties. Thus, the focus on real estate as the correct answer highlights an essential aspect of corporate ownership models in relation to tangible assets.