Indicate whether the following statements are "True" or "False" regarding the exceptions to the general rule of gain and loss recognition by a liquidating corporation. a. Losses are not recognized on certain liquidating distributions to related-party shareholders. b. A subsidiary corporation recognizes gains or losses on liquidating distributions to its parent corporation. c. Losses are not recognized on certain sales and liquidating distributions of property that were contributed to the corporation with a built-in loss shortly before the adoption of a plan of liquidation. d. A subsidiary corporation does recognize losses on liquidating distributions to its minority shareholders.