Indicate whether the following statements are "True" or "False" regarding the at-risk limitation.

a.	A taxpayer may deduct a loss as long as the at-risk amount is negative.	TrueFalse
b.	Under the at-risk rules, a taxpayer's deductible loss from an activity for any taxable year is limited to the amount the taxpayer has at risk at the beginning of the taxable year.	TrueFalse
c.	The at-risk rules provisions, which apply to individuals and closely held corporations, are designed to prevent taxpayers from deducting losses in excess of their actual economic investment in an activity.