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.

Question

Quizplus · Accepted Answer

A)A master limited partnership (MLP)is allowed to raise money by selling units of ownership to the general public in the same way corporations sell shares of stock to the public. This gives MLPs the fundraising capabilities of corporations without the double-taxation disadvantage.
B)A master limited partnership (MLP)is allowed to raise money by selling units of ownership to the general public in the same way corporations sell shares of stock to the public. This gives MLPs the fundraising capabilities of corporations without the double-taxation disadvantage.
C)A master limited partnership (MLP)is allowed to raise money by selling units of ownership to the general public in the same way corporations sell shares of stock to the public. This gives MLPs the fundraising capabilities of corporations without the double-taxation disadvantage.
D)A master limited partnership (MLP)is allowed to raise money by selling units of ownership to the general public in the same way corporations sell shares of stock to the public. This gives MLPs the fundraising capabilities of corporations without the double-taxation disadvantage.
E)A master limited partnership (MLP)is allowed to raise money by selling units of ownership to the general public in the same way corporations sell shares of stock to the public. This gives MLPs the fundraising capabilities of corporations without the double-taxation disadvantage.

Which of the Following Is a Key Difference Between a Master