Which of the Following Is a Key Difference Between a Master

question 55

Multiple Choice

Which of the following is a key difference between a master limited partnership (MLP) and other forms of partnerships?

• A) A MLP allows partnerships to sell units of ownership to the general public.
• B) Other partnerships should have more members than an MLP.
• C) Other partnerships have double-taxation disadvantage unlike an MLP.
• D) A MLP allows the partners to have limited liability on their investments.
• E) A MLP is characterized by double taxation unlike the other forms of partnerships.

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