Lynn Roy owns three, two-carat diamonds that she received from her grandmother who did not believe in banks or stocks and bonds. What type of investment does she hold?
A) Direct investment in real estate
B) Indirect investment in real estate
C) Precious metals
D) Collectibles
E) Gems
Correct Answer:
Verified
Q121: The first gold bullion coin ever produced
Q127: De Beers Consolidated Mines of South Africa
Q128: A vacation home is deemed a second
Q128: What role can a REIT play in
Q133: Explain the relationship between syndicates and REITs.
Q136: Austin has invested $25,000 as one of
Q137: A REIT is a firm that pools
Q137: What is the annual depreciation for tax
Q139: In 2011,which country was the world's largest
Q155: What advantages do real estate investments offer?
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents