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6 Preferred stockholders have the right to vote. T or F? 7 A liability attached to an asset can be absorbed by the partnership. T

6 Preferred stockholders have the right to vote. T or F?

7 A liability attached to an asset can be absorbed by the partnership. T or F?

8 Ordinary shares do not have a fixed rate of dividend amount. T or F?

9 Limited partnership is one where partners are liable up to the extent of their personal property. T or F?

10 an ostensible partner is one who is not known to the public that he is a partner. T or F?

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