Which of the Following Statements Concerning Property Qualifying for Like-

Which of the following statements concerning property qualifying for like- kind exchange treatment is incorrect?

A) fte property must be held for productive use in a trade or business or for investment.
B) fte transfer of partnership interests qualify for like-kind exchange treatment.
C) fte exchange of inventory for a business automobile does not qualify for like-kind exchange treatment.
D) fte exchange of unimproved property for improved property qualifies for like-kind exchange treatment.