Which of the following statements is true about general partnerships?(1 point) Responses The owner(s) of the partnership must report to shareholders. The owner(s) of the partnership must report to shareholders. Partnerships are the simplest form of business organization. Partnerships are the simplest form of business organization. The owner(s) of the partnership have limited liability. The owner(s) of the partnership have limited liability. Partnerships are not taxed as a business, only as individual income.
