Which of the Following Statements Is NOT a Feature of Public

question 32

Multiple Choice

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

• A) The four main classes of trusts are property, equity, mortgage and fixed interest trusts.
• B) There was enormous growth in public unit trusts during the 1990s.
• C) The majority of mortgages held by a mortgage trust are 'first' mortgages.
• D) Property trusts are generally unlisted as they need notice to sell their physical assets.

---

Definitions:

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will and personal growth.

Abraham Maslow

A psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that prioritized basic human needs into five categories, culminating in self-actualization.

Self-Concepts

The collection of beliefs, attitudes, and perceptions that an individual holds about themselves, shaping their identity and behavior.

Humanists

Individuals who emphasize the value and agency of human beings, individually and collectively, and generally prefer critical thinking and evidence over acceptance of dogma or superstition.