Choose the One Most Appropriate Answer for Each

question 34

Multiple Choice

Choose the one most appropriate answer for each.
-limited partnership that can be traded on a stock exchange nearly as easily as corporate stock

• A)accelerated depreciation
• B)active investor
• C)appreciation
• D)at-risk rules
• E)blind pool
• F)cash flow
• G)cash-on-cash
• H)downside risk
• I)equity build-up
• J)GLITAMAD
• K)investment strategy
• L)leverage
• M)master limited partnership
• N)negative cash flow
• O)negative leverage
• P)non-recourse financing
• Q)passive investor
• R)prospectus
• S)straight-line depreciation
• T)tax shelter

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Definitions:

Sued

A legal process where one party files a lawsuit against another in a court of law.

Public Funds

Financial resources collected by the government, typically through taxation, to be used for public purposes and services.

Enforceability

The capability of a legal document or provision to be implemented or acted upon in a court of law.

Disaffirm

The legal act of denying, rejecting, or declaring a contract or agreement void, especially in cases involving minors or fraud.