Sean is one of several general partners who own Pints and Cans, a small chain of bar and grills located in Illinois and Indiana. Sean is interested in converting the partnership into a master limited partnership. If he convinces other partners to go along with his idea, Pints and Cans will

offer shares of ownership that are traded on a stock exchange much like a corporation.

Explanation:

Stock exchange is a market where securities such as stocks and bonds are traded. Stock exchange can be done in a physical location or an electronic trading platform.

Stocks refers to certificate of ownership. This means that an individual who trades stock with a firm will become a co-owner of the firm in other words a shareholder. A shareholder who is a co-owner of the firm is entitled to DIVIDEND, that is, a share of the firm's Profit.

Bonds on the other hand, are certificates that promise to pay a fixed rate of interest. It is a form of loan to a firm with the promise of repaying at the end of a specific period of time. A bond holder is entitled to INTEREST at a regular interval.

Stock exchange is used to

1) Raise capital.

2) Enhance economic efficiency.

3) Improves management efficiency.

answer; im thinking customer:

um sure