7) The area of finance that deals with long-term investment decisions is known as A) capital structure. B) working capital management. C) financial strategy. D) capital budgeting. 8) In a sole proprietorship, the owner is personally responsible without limitation for the liabilities incurred. True False 9) Limited partners may actively manage the business. True/ False 10) The owners of a corporation are liable for the corporation's obligations up to the amount of their investment. True False