QUESTION 13 Mutual funds can be legally organized as corporations or income trusts. O True O False QUESTION 14 One advantage of investing in mutual funds organized as trusts is that distributions from the trust are received tax-free by the unit holders. O True False QUESTION 15 One benefit of investing in rental properties is the wide variety of expenses which are deductible from rental income. O True False

QUESTION 13 Mutual funds can be legally organized as corporations or income trusts. O True O False QUESTION 14 One advantage of investing in mutual funds organized as trusts is that distributions from the trust are received tax-free by the unit holders. O True False QUESTION 15 One benefit of investing in rental properties is the wide variety of expenses which are deductible from rental income. O True False

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)

6th Edition

ISBN:9781337117005

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 1FPE

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