Which of the Following Statements Is NOT a Feature of Unit

question 80

Multiple Choice

Which of the following statements is NOT a feature of unit trusts?

• A) Unit trusts are companies that accept funds from investors and make investments that yield returns in the form of income and/or capital gains.
• B) The market determines the value of a listed unit trust.
• C) Unlisted unit trusts are generally highly liquid as they can accept money from investors at any time.
• D) The number of listed property trusts is far larger than the number of listed equity trusts.

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Definitions:

Common Ground

A shared understanding, interests, or goals that act as a foundation for communication or cooperation among individuals or groups.

Nadler-Tushman Model

A framework for diagnosing organizational behavior, identifying misalignments among components such as strategy, skills, and systems, to guide effective change management.

Micro-Chip Factory

A facility dedicated to the production and manufacture of small semiconductor devices or integrated circuits.

Daily Continuous Improvements

The ongoing effort to improve products, services, or processes on a daily basis, typically part of a commitment to quality and efficiency.