Identify the one INCORRECT statement concerning sole proprietorships: Select one: a. There are some advantages to sole proprietorships. b. Sole proprietors' personal and business assets are one and the same. c. A sole proprietorship is an individual carrying on business alone, in the sense that the business is that individual's sole responsibility. However, the business may be carried on through the services of an employee or agent. d. A sole proprietor is not vicariously liable for the acts of his employees