Property Trusts

question 23

Multiple Choice

Property trusts:

• A) are taxpaying entities.
• B) can make tax-deferred distributions to individual unitholders who benefit differentially on an after-tax basis depending on their personal marginal tax rate.
• C) can withhold income distributions to unitholders in any year depending on the trusts expected cash flow requirements for the following period.
• D) both b and c

---

Definitions:

Initiating Structure

A leadership behavior that emphasizes the organization of work, work roles, and work activities, focusing on task-oriented goals.

Consideration

In leadership, it refers to a style that emphasizes concern for the needs, feelings, and well-being of followers, often contrasting with task-oriented styles.

Trust Building

The process of developing confidence and reliability in relationships, crucial for successful teamwork and leadership.

Relationship Behaviors

Actions undertaken by individuals to establish, maintain, and enhance interpersonal relationships.