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this is a very important part that you need to understand we are looking at the structure the way uh generally a firm and llp or limited liability partnership the way alternate investment funds are created so well have to understand that there are going to be a lot of terms in this particular part youll have to know the terms uh again there is no selective studying thing i have no clue about what the exam is going to be how the exam is going to be because nobody can forecast with which question is going to pop up to which student is very unethical and wrong for as a teacher to say but this is very important this part if i am setting an exam paper i would want to set a few questions around the terms and even more important is numericals are going to be based on this because this is going to tell you how the fees calculation for the managers are done and fee calculation uh keeper you can have numericals on fee calculations we have numbers and sums and all that so first of all well und