NO.PZ2023122201000108
问题如下：
The distribution method by which profits generated by a fund are allocated between LPs and the GP is called:选项：
A.a waterfall. B.an 80/20 split. C.a fair division.解释：
A is correct. Although profits are typically split 80/20 between LPs and the GP, the distribution method of profits is not called an “80/20 split.” “Fair division” is not a real term that exists in the industry.11
