Harrison Ford has invested in something that acts like a mutual fund and that derives income from interest on loans to real estate owners.He knows there are federal laws that require this type of investment to refrain from engaging in speculative,short-term holding of real estate to sell for quick profits.What type of investment has Harrison made?
A) Limited partnership
B) Equity REIT
C) Mortgage REIT
D) Hybrid REIT
E) Participation certificate
Correct Answer:
Verified
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