All of the following statements about forms of business organization are true except one. Identify the EXCEPTION. Select one: O a. Partners can be vicariously liable for the misconduct of their partners. O b. A corporation is legally separate from its shareholders, so shareholders usually enjoy limited liability Oc. A partnership is a relationship that exists between persons carrying on business in common with a view to a profit. O d. A corporation requires the involvement of a minimum of three individuals and capitalization of at least $10,000