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1 ) A partnership can continue after dissolution is complete. True or false 2) A partnership in which the partners share management responsibilities equally, but

1 ) A partnership can continue after dissolution is complete. True or false 2) A partnership in which the partners share management responsibilities equally, but some partners are limited in regards to the amount of profit distribution to which they are entitled is an example of a limited partnership. true or false 3) A partnership must experience the winding-up stage, but not the dissolution stage, before the partnership may be terminated. true or false 4) After dissolution the remaining partners have a right to continue the partnership. true or false 5) Among the shareholders of an S corporation, no shareholder may be a nonresident alien. true or false 6)Corporations are considered to be legal persons. True False

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