Which of the Following Is True Regarding Whether the Interest

question 49

Multiple Choice

Which of the following is true regarding whether the interest of a limited partner in a limited partnership is considered a security?

• A) Such an interest is considered a security only if the limited partnership involves an investment in real estate.
• B) Such an interest is not considered a security because a partnership,not an investment scheme,is involved.
• C) Such an interest is rarely considered a security because limited partners,to protect their limited liability,are prohibited by law from taking part in the control of the partnership business.
• D) Such an interest is almost always considered a security because limited partners,to protect their limited liability,are prohibited by law from taking part in the control of the partnership business.

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Definitions:

Poverty Definition

The state of being extremely poor, or the condition of those lacking sufficient money or material possessions for their needs.

Educational Attainment

Refers to the highest level of education an individual has completed.

Health Coverage

Insurance that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.

Poverty

The state of having insufficient financial resources to meet basic living expenses such as food, clothing, and shelter.