Which of the following statements about a unit trust is NOT true?
A)There is a fixed entitlement to income.
B)Unit holders are protected by limited liability.
C)There is a fixed capital entitlement.
D)Units are transferrable.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about a unit trust is NOT true?
A)There is a fixed entitlement to income.
B)Unit holders are protected by limited liability.
C)There is a fixed capital entitlement.
D)Units are transferrable.

Which of the Following Statements About a Unit Trust Is