Identify the form of business organization(s) to which the following characteristics apply. Column A Column B 1. It is a separate business entity entity a Sole, Partnership 2. It can be owned by one person. b. Sole, Partnership, Corporation a 3. c. Sole d. Partnership Owner or owners are personally liable for the debts of the business. Owner or owners are personally liable for the debts of the business, May have a contract specifying the division of profits among the owners. 4