Question: An enterprise that will absorb a majority of the variable interest entity's expected losses or receive a majority of the entity's expected residual returns, or

An enterprise that will absorb a majority of the variable interest entity's expected losses or receive a majority of the entity's expected residual returns, or both is called:
Group of answer choices
co-beneficiary.
none of the answers is correct.
primary beneficiary.
secondary beneficiary.
contingent beneficiary.

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