Which of the Following Statements Regarding a Letter of Intent

Which of the following statements regarding a letter of intent is true?

A) An investor has 12 months in which to invest the amount stipulated in the letter.
B) Reinvested dividends and capital gain distributions count toward the amount stipulated in the letter of intent.
C) An investor who signs a letter of intent and does not invest the amount stipulated must make up the difference between the sales charge he paid and what he should have paid, plus interest.
D) A letter of intent may be backdated up to 90 days so that any purchases made during that prior time period will count toward making a breakpoint.