Unit Holders in Listed Property Trusts Have Greater Liquidity Than

question 75

True/False

Unit holders in listed property trusts have greater liquidity than investors in unlisted property trusts.

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Definitions:

Gratuitous Promise

A vow or commitment to do something for someone else without expecting anything in return.

Breach of Contract

The act of breaking any terms and conditions that were mutually agreed upon in a legally enforceable contract.

Consideration

An item of worth traded between entities within a contract, essential for the contract to be considered enforceable by law.

Common Law

A body of law derived from judicial decisions of courts and similar tribunals, as opposed to statutes or official legislation.