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Question 11 3 pts Preferred shares are a type of ownership interest (or funding device) in a corporation which falls into a category between corporate

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Question 11 3 pts Preferred shares are a type of ownership interest (or funding device) in a corporation which falls into a category between corporate bonds (which are debt) and common stock (which are ownership interests that generally have all the financial risks and benefits of operating the business). O True O False Question 12 3 pts Unless it specifies in the agreement to the contrary, a partnership is a form of business entity that typically survives forever, or at least until a partner begins a court proceeding to dissolve the partnership. O True O False

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