Cross-section, vector-polarization, and tensor-polarization distributions are calculated for the reactions e(+)e(-) -> (p) over barp and e(+)e(-) ->(Lambda) over bar Lambda . Each reaction requires six characteristic functions that are bilinear in the, possibly complex, electromagnetic Form factors, denoted G(E)(P-2) and G(M) (P-2), of p and A. For the hyperon reaction also the joint-decay distributions of A and A are calculated. Their knowledge allows a complete determination of the hyperon electromagnetic form factors, without measuring hyperon spins. We explain how this is done in practice. For some tensor-polarization components our results are in conflict with previously repeatedly published distributions.