Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) Generally in a stock redemption, if the shareholder's ownership percentage is substantially reduced, the redemption is treated as a sale.
B) The family attribution rules of Sec. 318 are as inclusive as the family attribution rules of Sec. 267.
C) A 10% shareholder of a corporation is considered to own 10% of any stock that is owned by the corporation under the Sec. 318 attribution rules.
D) All of the above are false.