Which of the Following Is True Concerning Dividends

Which of the following is true concerning dividends?

A) The scheme to eliminate double taxation assumes that the corporate tax rate is 27.5% when dividends are grossed-up to include 138% of the dividend.
B) Dividends received from a CCPC's business income that is not subject to the small business deduction are grossed-up to include 118% of the dividend.
C) Dividends received from a CCPC's business income that is subject to the small business deduction are grossed-up to include 138% of the dividend.
D) Eligible dividends require a 118% gross-up.