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:

Collaboration

The action of working with someone to produce or create something, often leveraging collective expertise to achieve common goals.

Laissez-faire Leader

A leadership style characterized by a hands-off approach, where leaders provide minimal direction and allow team members to make decisions.

Authority

The authority or capability to make decisions, issue commands, and ensure compliance.

Chaos

A state of extreme confusion and disorder, where there is little to no predictability or control.