Asked by Brianna Edwards on Jul 09, 2024
Verified
Hedge funds are typically set up as ________.
A) limited liability partnerships
B) corporations
C) REITs
D) mutual funds
Limited Liability Partnerships
A form of business partnership where some or all partners have limited liability, protecting them from some or all of the partnership's debts and liabilities.
- Ascertain the regulatory features and functional frameworks of hedge funds in contrast to mutual funds.
Verified Answer
RT
Ramez TolaymatJul 11, 2024
Final Answer :
A
Explanation :
Hedge funds are typically set up as limited liability partnerships, which offer tax benefits and limited liability protection to the partners.
Learning Objectives
- Ascertain the regulatory features and functional frameworks of hedge funds in contrast to mutual funds.