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Answer this question based on the following three statements 1. Corporations are subject to the corporate income tax while partnerships we w to partnership income tax. 2. All partners of the limited partnership have limited liability 3. One of the advantages of the corporate form of organization is that it avoids doute taxation. O a. Only 1 is correct. Ob. Both 2 and 3 are correct. O c. Both 1 and 3 are correct. O d. Only 2 is correct. O e. All statements are NOT correct