Question: With respect to a partial liquidation under Sec. 302(b)(4), which of the following statements are false? The redemption must be part of a plan. The

With respect to a partial liquidation under Sec. 302(b)(4), which of the following statements are false?

The redemption must be part of a plan.

The shareholder may be a corporation.

The redemption may be pro rata.

The distribution may not be made in the year after the plan was adopted.
A. 2 and 4.
B. 3 and 4.
C. 1 and 2.
D. 1 and 3.

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