Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) Cash paid directly to a medical school for room and board is a "qualified transfer" and not subject to the gift tax.
B) Transfers by an individual to a political party constitute a gift subject to the gift tax rules.
C) A statutory exemption from the gift tax is available for property transfers between divorced individuals when the divorce occurs during a three-year period beginning one year before the transfer agreement is made.
D) All of the above are false.