NO.PZ2023103101000001
问题如下：
Q. Which of the following documents provides tailored terms for a specific investor?选项：
A.A side letter
B.An excusal right
C.A limited partnership agreement
解释：
The correct answer is A. In addition to limited partnership agreements (LPAs), a supplemental document known as a side letter also may be negotiated. Side letters are agreements between the general partner and one or more limited partners that exist outside the LPA and whose terms override or modify the original limited partnership agreement terms. A side letter is negotiated to address the unique legal, regulatory, or reporting requirements of a specific investor. B is incorrect because an excusal right gives an investor the right to forgo a capital contribution or to not participate in a particular type of investment. An excusal right is granted when it has been stipulated in a side letter, not independently. C is incorrect because the limited partnership agreement establishes and governs the terms of a limited partnership; its terms apply to all limited partners, not just to a specific investor who requires tailored terms.
能否翻译一下答案解析，有点看不懂。。。
