Which of the following statements concerning a sole proprietorship is correct? The owner of a sole proprietorship may be forced to sell personal assets to pay company debts. A sole proprietorship is often structured as a limited liability company. A sole proprietorship is difficult to create The profits of a sole proprietorship are taxed twice. Which one of the following best describes the primary advantage of being a limited partner rather than a general partner? The limited partner has greater management responsibility The limited partner is entitled to a larger portion of the partnership's income. The limited partner's liability for firm debts is limited to the capital invested. The limited partner has no potential financial loss. Dividends are a cash flow from a shareholder to a firm. a firm to the government. a firm to the financial markets. the financial markets to a firm