Which of the Following Is NOT a Requirement of REITs

question 26

Multiple Choice

Which of the following is NOT a requirement of REITs?

• A)A REIT must have at least 100 stockholders
• B)Not more than 50% of a REIT's shares can be owned by five or fewer shareholders
• C)At least 95% of a REIT's income must be distributed to shareholders
• D)All of the above are REIT requirements

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Definitions:

Open Ocean

The vast, deep areas of the sea that are not close to land, characterized by unique ecosystems and a wide variety of marine life.

ITQs

Individual Transferable Quotas, a regulatory tool designed to control the total allowable catches in fisheries by allocating specific quotas to fishers or companies.

Pacific Halibut

A species of flatfish native to the North Pacific Ocean, known for its importance to commercial fisheries.

Market Price

The present cost at which an item or service is available for purchase or sale in a market.