Which of the Following Statements with Regard to Tax Is

Which of the following statements with regard to tax is true?

A) Under a full imputation tax system,the effects of corporate and personal taxes can offset each other exactly.
B) Under a classical tax system,any advantage from reducing company tax would be due only to differences in the timing of tax payments.
C) Under a classical tax system,any net tax advantage of corporate borrowing is likely to go only to companies with high and stable earnings.
D) In order for residential shareholders to benefit under a full imputation tax system,the wastage of tax credits must be reduced.