I:3-40 Constructive Dividend. Which of the following would likely be a constructive dividend?

a. An unreasonable salary paid to a shareholder.

b. An unreasonable salary paid to the daughter of a shareholder.

c. A sale of a corporation’s asset to a shareholder at fair market value.

d. A payment by a corporation of a shareholder’s debts.

e. A payment by a corporation of a shareholder’s personal expenses.