Which of the Following Collective Investment Vehicles Requires a Trust

question 2

Multiple Choice

Which of the following collective investment vehicles requires a trust to operate effectively?

• A) Occupational pension schemes.
• B) A unit trust.
• C) An investment trust.
• D) A credit union, which makes short-term loans to subscribing members at a low rate of interest.

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Definitions:

Hauling Large Tonnage

The process of transporting heavy quantities of goods, often measured in tons, over a distance.

Damage Rates

The percentage of goods that are damaged or faulty out of a total number of items received, highlighting issues in handling or quality.

Logistics Services

Activities related to the planning, implementation, and control of the transportation and storage of goods from origin to consumption.

Transportation Rates

The fees charged by carriers for the conveyance of goods or passengers from one location to another, which can vary based on distance, weight, or type of service.