4

Answer this question based on the following three statements: 1. Owners of sole ownerships pay personal income tax while owners of corporations pay both personal income tax and corporate tax. 2. In corporations, the separation between ownership and management may cause agency problems. 3. All partners in the limited partnership have limited liabilities. O a. Only 2 is correct. O b. Only 3 is correct O c. 2 and 3 are correct. O d. 1 and 3 are correct 12 or correct