Jefferson Davis Has Invested in Something That Acts Like a Mutual

question 47

Multiple Choice

Jefferson Davis has invested in something that acts like a mutual fund and that invests in properties all over the country.He knows there are federal laws that require this type of investment to distribute at least 90 percent of the income to shareholders and that requires there be at least 100 shareholders.What type of investment has Jefferson made?

• A)foreclosures
• B)REITs
• C)limited partnerships
• D)participation certificates
• E)direct investment

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Definitions:

Milgram Study

A psychological experiment conducted by Stanley Milgram which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, often as a result of real or imagined group pressure.

Authority

The legitimate or socially approved use of power within a societal structure.

Ordinary People

Can denote everyday individuals who are not distinguished by official, remarkable, or celebrity status within society.