David Harris Has Invested in Something That Acts Like a Mutual

question 70

Multiple Choice

David Harris has invested in something that acts like a mutual fund and that invests in both mortgage loans and real estate operating companies.This investment trades on the New York Stock Exchange.What type of investment has David made?

• A)Limited partnership
• B)Equity REIT
• C)Mortgage REIT
• D)Hybrid REIT
• E)Participation certificate

---

Definitions:

Lower Income

A financial status typically associated with earning below the median household income, leading to limited economic resources and purchasing power.

Upper Income

A descriptor for individuals or households that earn significantly more than the average income level, often associated with higher socioeconomic status.

Lesbians

Women who are romantically, sexually, and/or emotionally attracted to other women.

Heterosexual

A person who is romantically or sexually attracted to members of the opposite sex.