An Example of an Indirect Real Estate Investment Is

question 122

Multiple Choice

An example of an indirect real estate investment is:

• A)a single-family home.
• B)a duplex.
• C)a real estate investment trust.
• D)undeveloped land.
• E)an apartment building.

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Definitions:

Plant Assets

These are long-term tangible assets used in the operations of a business that are not intended for resale, such as machinery, buildings, and land.

Fair Market Value

The price that a willing buyer and a willing seller would agree on for an asset in an open and competitive market.

Book Value

Book Value is the net value of a company's assets minus its liabilities, as recorded on the balance sheet.

Memorandum Entry

An accounting entry that is made in the records but does not affect the financial statements.