Examlex
Which of the following best describes the 2/20 fee that is used by most hedge funds?
Extension of Time
An allowance by the IRS giving taxpayers extra time to file their tax returns beyond the original due date.
Married Filing Separately
A tax filing status that allows a married individual to file their taxes separately from their spouse.
Legally Married
The status of individuals who are united in a legal marriage recognized by their jurisdiction, affecting tax filing status.
D4 Follower
A term used in situational leadership to describe individuals who are highly competent and highly committed, requiring a delegating leadership style.
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