General Partners Have Unrestricted Transferability of Ownership, While Limited Partners

question 52

True/False

General partners have unrestricted transferability of ownership, while limited partners must have the consent of all partners to transfer their ownership.

---

Definitions:

Beta

A rephrasing: A statistical estimate of a security's sensitivity to market movements, used to gauge its risk in comparison to the broader market.

Treynor Measure

A performance metric for determining how well an investment compensates the investor for taking a given level of market risk.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher volatility than the market, and less than 1 indicates lower.

Comparison Universe

A benchmark or group of benchmarks used to evaluate the performance of an investment or fund.