Finra Exam Series-7 Topic 6 Question 66 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 66
Topic #: 6

[All Series-7 Questions]

Which of the following are sources of funding for limited partnerships?

Aproceeds of the offering

Bperiodic assessments on the partners

Cinstallment payments

Dall of the above

Show Suggested Answer

Suggested Answer: A

$0.45. Since treasury stock does not receive dividends, divide $450,000 by the outstanding 100,000 shares to arrive at $0.45 per share.

by Annabelle at Feb 28, 2023, 01:38 PM

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Rueben

36 minutes ago

D definitely seems like the correct answer. Limited partnerships have multiple sources of funding to get off the ground.

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Shasta

1 days ago

I think the answer is D. Limited partnerships can be funded through the proceeds of the offering, periodic assessments on the partners, and installment payments.

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Twila

16 days ago

I'm not sure about periodic assessments on the partners, but I think installment payments are definitely a source of funding for limited partnerships.

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Glory

18 days ago

I agree with Dyan, limited partnerships can be funded through all of those sources.

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Dyan

20 days ago

I think the answer is D) all of the above.

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