Final answer:
A real estate limited partnership (RELP) does not have a high degree of liquidity.
Step-by-step explanation:
The statement that a real estate limited partnership (RELP) has a high degree of liquidity is false. A real estate limited partnership is a type of business structure in which one or more general partners manage the business and have unlimited liability, while limited partners contribute capital but have limited liability. Unlike publicly traded stocks or bonds, limited partnership interests in a RELP are typically not easily bought or sold on a daily basis. Instead, they are generally illiquid investments that require a long-term commitment.