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Bonus questions (bonus questions cannot hurt your score; they can only help you) Limited partners have full personal liability for the debts of the partnership.

Bonus questions (bonus questions cannot hurt your score; they can only help you)

Limited partners have full personal liability for the debts of the partnership. True or false.

It allowable for a partnership to have a negative remainder after allocating salary and interest allowances. True or false.

Stockholders are always employees of a corporation. True or false.

Who in a corporation has the authority to declare dividends?

Are corporate charters issued by a state government or the federal government (pick one)?

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