Question 5 & 6 please. Thank you

QUESTION 5 All of the following are characteristics of corporations except: Owners report their share of the entity's earnings on their personal tax returns Entity life will continue in the event of a withdrawal by an owner Owners may sell their share of stock without entity approval Liability of stockholders is limited to their investment QUESTION 6 Which of the following must be true for dividends to be paid? Sufficient retained earnings balance Adequate cash to be paid to stockholders Declaration by the Board of Directors All of the above