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01-09-2020
Business

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An investor in an oil and gas limited partnership program is subject to the economic consequences of all of the following EXCEPT:_________. A) depreciation on tangible assets. B) nonrecourse loans. C) recourse loans. D) operating losses.

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ogorwyne ogorwyne

04-09-2020

Answer:

B) nonrecourse loans.

Explanation:

The answer is non recourse loans and this is the reason why. Such loans only hold for those in real estates. That is it is limited to investors in real estate. Such a loan is usually gotten by means of collateral which is usually in the form of real estate. The person who issues such a loan can seize the collateral in case of a default in payment.

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