Which of the Following Statements That Relate to the Death

Which of the following statements that relate to the death of a taxpayer is NOT correct?

A) A farm property owned by the deceased can be transferred to a child on a tax free basis.
B) When an individual dies, there is a deemed disposition of all of his capital property.
C) In recording the deemed disposition that occurs when an individual dies, the proceeds of disposition will always be the fair market value of the property.
D) When the capital cost of a property that was owned by a deceased taxpayer exceeds its fair market value, the beneficiary is required to retain the original capital cost, with the difference being treated as deemed CCA.