Which of the Following Statements with Respect to Charitable Donations

Which of the following statements with respect to charitable donations is NOT correct?

A) Amounts of eligible donations that are not used during the current year can be carried forward for up to 5 years.
B) When making a gift of non-depreciable capital property with a fair market value in excess of its capital cost, it is always advisable to elect the fair market value amount for the gift.
C) The basis for a charitable donations tax credit for the current year can never exceed 75 percent on the individual's Net Income For Tax Purposes.
D) Any capital gain arising on gifts of ecologically sensitive land are deemed to be nil.