Which of the Following Conditions Must Be Satisfied to Establish

Which of the following conditions must be satisfied to establish that an entertainment expense was directly related to business?

A) More than a general expectation of deriving some income (other than good will) existed as a result of making the expenditure.
B) Business was actually discussed or engaged in during the entertainment.
C) The combined business and entertainment was principally characterized as business.
D) More than one but not all of above must be satisfied.
E) All of the above must be satisfied.