Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) The full 65% dividends- received deduction is available without restriction.
B) The dividends- received deduction is designed to reduce double taxation of corporate dividends.
C) If a corporation receives dividends eligible for the 65% dividends- received deduction and the 50% dividends- received deduction, the 50% dividends- received deduction reduces taxable income prior to the 65% deduction.
D) All of the above are false.